All Forum Posts by: Claude Boiron

Thanks for your - mostly - kinds words, @Roy N.  :-)

Unfortunately I have no control over the cover price of my first book, but check out Amazon as it is sometimes there at a steal deal!

Good to have you here, @Zach Broude!

Welcome, @Kevin Malcolm! Happy to chat if you have any questions.

Hi @Tim Grassin, welcome!

Hi @Colin Murphy, we decided to use a Property Syndication Agreement to do this with a plaza in Barrie, Ontario. A good Real Estate lawyer should understand the pros and cons from a tax perspective, as well as from a liability perspective, of using various vehicles to achieve your goal.

@Matt Geerts, agreed. I guess I was referring to the work you're looking to have done which is not deal-specific, and won't require in-person visits.

Hi @Matt Geerts, does the lawyer have to be in London? Because I've built my Real Estate network for the past couple of decades, I know so very good, and very easy going, Real Estate lawyers. I'm confident some of them would not object to a free phone conversation with you, especially if there is a strong likelihood that you'll ask them to do some legal work.

Hi @John Kaster, I've never heard of them, which doesn't mean they're not good.

The owner is a Realtor, FYI.

Hi @Rory MacNeil !!

@Oren K., just a clarification: The future property taxes of a property are not directly based on how much that property sells for. MPAC (Municipal Property Assessment Corporation) uses calculations which take into account a neighbourhood, the asset type, and other factors, and determines increases in values in a given neighbourhood, in a given asset type, etc., and comes up with the assessed value of that subject property. Also, since the value of properties (for taxation purposes) in the province of Ontario are only re-assessed every four years (most recently in January, 2016), and the increase in value from the last assessment (four years ago), is phased in over the next four years, it takes anywhere from seven to eight years for a new property owner to actually be paying much higher property taxes.