29 July 2020 | 6 replies
What matters most to you: Being able to leverage large loans, at low interest, but options like Home Equity Lines, etc. or are you trying to optimize taxation, risk, etc.
31 July 2019 | 97 replies
But overall, the strategy of getting into and out of positive cash flow properties and avoiding taxation, sounds like a much a better way to invest my money than the other $500k+ I have on the stock market.
9 March 2022 | 22 replies
Quote from @Chris Baxter: @Joe Splitrock lending, taxation, and investing are all different in Canada than in the USA.
30 April 2024 | 0 replies
Any thoughts out there about a couple of things: vac rental market in these areas, taxation, overall insight, etc. we have secondary thoughts about Big Bear and Frazier Park, CA, but investment market is very tight here with Palm Springs area mostly closed out.
28 February 2021 | 21 replies
@Vin Gupta we also have a reputation for heavy taxation, and our markets are extremely competitive as well.
13 March 2021 | 14 replies
It seems like the only options are either out of province or across the border.Here are some of my thoughts: Washington/ Oregon states are still accessible by car once the border opens back up, prices look workable, but definitely raises challenges in financing and taxation, as well as poses exchange rate risks; out of province - the closest would be AB and that's further than a weekend quick trip, while any other provinces would definitely require flying which I would much rather avoid (husband is extremely afraid of flying lol).Care to provide some insight if you have experience investing out of province or across the border?
23 February 2021 | 4 replies
The double taxation was going to be phased-out as part of a pre-pandemic election promise (the tax also hurts NB folks that want to own vacation property in province), but that's off the table for the time being.
11 April 2021 | 13 replies
@Derek Kohut1) they lack detail (they are good for a quick analysis, but not what I need for real number crunching)2) they are not customized for Canada and do not consider Canadian financing or taxation (both of which are included in my preferred solution)... here is a screen cap
9 May 2023 | 40 replies
Luckily US tax will be considered when you pay Canadian taxes to avoid double taxation, yet there are some cases when that's an issue to be carefully researched.