What is porting a mortgage in Canada—and when should you do it?
While there are many factors to consider, porting a mortgage makes the most sense when your existing mortgage rate...
Real Estate
Tax implications of adding a child’s name to your rental property
To fully understand the potential tax outcomes, consider legal versus beneficial ownership, the capital gains inclusion rate, changes to...
What happens if your mortgage renewal is denied?
Many home owners are experiencing “rate shock” upon renewal—and in some cases, getting turned away by their lender. Here’s...
Why a reverse mortgage should be a last resort for most Canadian retirees
Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...
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Open bidding in Ontario: Game-changer or business as usual?
An Ontario law came into effect last year, designed to add transparency to the home-bidding process. Has it changed...
Yes, a cottage is an investment property—here’s how to minimize capital gains tax
Should you “invest” in a cottage? And if you do, what happens when you sell it, give it away...
Can I sell my cottage tax-free?
Is there a tax exemption for capital gains? No, but find out how to allocate your principal residence exemption...
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What happens if you delist your condo?
You couldn’t get the offer you wanted, so you’ve pulled it off the market. Now what?