How to know if a secondary suite or basement apartment is legal—and a worthwhile investment
The potential to earn rental income sounds great, but unauthorized second units come with financial and other risks.
Income Properties
Can I afford to buy a second home?
A second home can serve many purposes, from a vacation destination to student housing for your children. Here’s how...
Can a non-resident open an investment account in Canada?
What are the options for investing as a non-resident of Canada? Which is better: an RRSP or a tax-sheltered...
What expenses can you deduct for a second property in Canada?
Purchasing a second piece of real estate has its costs, but what expenses can be deducted and claimed for...
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Can you gift a farm to your kids to avoid taxes?
The idea to gift property to a family member for a dollar to avoid tax is a common one....
Should you buy real estate through a corporation?
It can make sense to purchase rental or vacation properties through a corporation, but often it's simpler—and less risky...
Will you make money on your rental property?
Rental real estate has been a great investment for many Canadians. But how do you assess whether yours is...
Is the family responsible to pay the mortgage for a loved one who has passed away?
When a home owner dies with money owing on the property, the type of ownership determines who is accountable...
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Making sense of the markets this week: August 7
Do earnings matter in 2022? Will Canada follow the U.S. into a recession? Plus other fascinating market fodder.