Real Estate Tax Archives

PropertyHound- Unique House Hunting

Propertyhound is a GTA based real estate company ensuring clients a unique way of finding and securing properties unique to individuals needs. Whether a first time buyer, or new in the city or an investor, PropertyHound.ca provides one stop real estate services by together the resources one needs.

Real Estate Tips for the Greater Toronto Area

Today Madan Chartered Accountant presents Mark Weisleder. Mark is an influential real estate lawyer, author, newspaper columnist, and educational speaker on real estate within the Greater Toronto Area. In this video, Mark provides advice on real estate tips for first-time home buyers and investors looking to capitalize on Canada’s strong real estate market.

Top 5 mistakes Canadians make in U.S real estate investment

Are you a Canadian real estate investor, looking to buy property in the US? As the US housing market at an all-time low, many Canadians are getting caught up in the hype of buying. This has given many a sense of urgency, causing them purchase without the adequate planning required. Eventually, the lack of satisfactory … Continue reading

How to Lower and Defer Your Property Taxes

If you feel that you are overpaying on your property tax, then there are a few options that you can take. Do you want to learn how to lower and defer property taxes? You can appeal the assessed value of your home and thereby lower your tax liability. Additionally, you can also take advantage of the … Continue reading

Money-saving strategies for first-time home buyers

Do you want to know how to save money for first-time home buyers? First time home buyers and home owners can utilize a number of different strategies and options to save money on their home. This consists of the first time home buyer’s tax credit, the first time home buyer’s plan, the healthy home renovation … Continue reading

Real Estate Investments Mississauga

Eric Skicki grew up in Mississauga and has been passionate about the real estate industry since he was a child. He furthered his passion and consolidated his love for this city by practicing real estate investment in Mississauga. His Degree from York University and his management experience from running successful businesses, has helped him become … Continue reading

Tax-efficient strategies for Canadians buying U.S. property.

This article will discuss the top 3 strategies used by Canadian investors when purchasing a U.S. property. The goals of these 3 methods are to: Minimize risk Minimize tax burden Maximize returns

Canadians buying U.S. real estate through partnerships

So you’re a Canadian investor buying real estate in the US, and are confused about whether to buy with a partnership, US C-corporation, or limited liability corporation. While there are many ways that a US property can be purchased by a Canadian investor, the best legal & tax structure is the “US Partnership”. A diagram … Continue reading

Taxes on Flipping Canadian Real Estate – Capital Gains vs. Business Income

These days, it seems as though buying a property and then reselling it at a higher price is all the rage. On the surface, it seems like a terrific idea – buy a property, perhaps spend a little time and money fixing it up, and then sell it for a tidy profit. In today’s still-fragile … Continue reading

Taxes On Your House

You don’t pay taxes on your house when you sell it, unless you do certain things to it like rent it out, or if you own multiple homes. This article will describe the rules around the taxes on your house, and the key definitions and criteria. It will also describe how taxes may arise, in … Continue reading

Real Estate Trends to Rule 2014

Millennials are not driving the market as much as homeowners Although the Millennial generation has formed a hot topic in the media, the movers and shakers of real estate are keen to find out where the generation is heading to. The generation has indulged in various economic activities, in the real estate market, in certain … Continue reading

US Taxes Payable by Canadians on US Real Estate Sales

Following the crash of the real estate market in 2008, US real estate has been an attractive investment opportunity for investors from all over the world, including Canadians. Although the old adage of “real estate prices always go up” has been proven wrong, one of the major benefits of owning real property is still the … Continue reading

The Best Property Managers Are Accomplished Jugglers

Even though real estate investing is not the “cash cow” that some promoters would have you believe it is, rental properties can provide a careful investor with a very nice income stream and a solid real estate portfolio. Real Estate Investing for Dummies has a “Cheat Sheet” that provides some proven tips for success. Becoming … Continue reading

New Year Prediction for Property Sale in Canada

The Prairie sales forecast is also on the rise. Alberta and British Columbia are the provinces according to CREA, where its annual sales will supposedly rise as compared to the previous year. Prediction for National Activity: Next year, 2014, will witness national activity reach 465,600 units with a 3.5% rebound while keeping within its average … Continue reading

Non-Residents Earning Rental Income from Real Estate in Canada

Non Residents of Canada earning rental income from Canadian real estate have Canadian tax obligations. This article identifies the different forms and returns that can be or are mandatory to be filed with the CRA regarding the rental income earned. Background When non-residents receive rental income from real property in Canada, taxes on the income … Continue reading

Category: Real Estate Tax