Think back to when you were growing up. Can you remember any of your friends moving? Moving more than once? Moving more than once in a two year period?
Things are different now. A recent review that I conducted in Richmond over a two year period from 2014-2015 inclusive revealed that out of 160 single family properties described as having lots greater than 7000 sq ft, frontages greater tha ...
I have always advocated that Canadians need to be involved and interacting with their governments in between elections instead of during elections.
I am happy to say that any time I did write my elected officials, I not only received a response but I more often than not woke up one day to find that a suggested policy was actually enacted.I am pleased that our current Liberal government throu ...
First published in my May 22, 2015 blogpost, I haven't given up on this concept. The 4th suggestion (I added it a little after the original post) had to do with allowing some portion of resident Canadians' mortgage interest payment to be tax deductible. Thinking about this a little bit more, and weighing all of the options, I think this No 4 option has some political potential of being more ...
From 2015: I just finished reading this article online at: http://www.vancitybuzz.com/2015/05/affordable-housing-rally-protest-vancouver-home-prices/ which referenced a rally downtown to voice concerns about local real estate prices.
A few years ago, the bears were on the sidelines predicting the implosion of a huge real estate bubble. Now, not having been successful in that endeavour, they ...
Every so often I get a client who wants to move out of their current home, but has such an affinity for it, and spent so much quality time there, that they would like to continue to own it as an investment. It is admirable for them to be able to own two homes if they are bullish on local real estate. However, there are a few problems with this as a strategy and it primarilly involves taxatio ...
The Principal Residence Exemption: I get asked about this at least half a dozen times a year. Canadians have the impression that it is a tax exemption as of right... WRONG! A dangerous trap that merits a thorough reading prior to taking this provision for granted. The old CRA Interpretation Bulletins are being morphed into "Income Tax Folios" for better organization and web management. Th ...