When does the “plus 1” rule apply to a principal residence?
There are tax implications to inheriting a second property. But in certain circumstances, you can have two principal residences...
Renting
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.
What is tenant insurance?
Tenant insurance is coverage that protects you and your personal items if you rent your home. Industry pros explain...
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...
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How to calculate your debt-to-income ratio—and why you should know this number
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Credit Canada
“Fakes” stars give the real answers
Emilija Baranac and Jennifer Tong may play opportunistic teens on “Fakes,” but they are the real deal in talking...
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...
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...
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Decorating with stuff you already own
Elias Blunden-Stone of The Room Editor shares the pitfalls of redecorating from scratch and the best ways to restore a...