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Hi, I have an investment property priced at $1.2 million. It generates $4,000 per month in rental income. The tenants, who are of high quality (AAA), were acquired through an MLS listing. Their lease is set to begin in May 2024 and will continue until May 2025. I am currently in the initial...

Hi have put my home for sale its in prime mississauga location and its fully upgraded. I am moving to new construction. Anyone interested can dm me. The listing is on mls. thanks

i have purchased a car on loan in nov 2017. i am paying my biweekly payments on time. is it possible to switch from loan to lease option. has anyone did this?. technically to do this do i have to first sell the car to same same dealer i purchased and then lease it back with same dealer?

Hi, is any invester or realtor aware of this project for student housing in kitchener waterloo area. Has any one purchased or did analysis on investment. This housing is getting saled as furnished apartments with 2 years of guaranteed rental agreements. first 2 years property management and...

is there anyone hosting his place on airbnb. I am new and recently hosting on airbnb please help me understand my obligations towards insurance. Should i inform insurance and what should i tell them as i get different host and majority of time the place is vacant only on seasonality you get more...

Hi, I like to know what difference it makes if we don't update our citizenship status from PR to Canadian citizen in OHIP record as many people forget after acquiring citizenship to update this status. Is PR and citizen treated differently in OHIP coverage.

I am scratching my head to understand why people when renting their house put the utilities on tenant. why tenant pays the utilities if there is provision to deduct this expense from income. Lets say we get $1500 rent per month and $200 utilities. if we combine both we can actually subtract...

If Mortgage interest for investment property is tax deductible then why would one care to buy low interest loan or payoff loan earlier. technically not having a mortgage on investment property gives no benefit.

I like to know if you buy a condo or a townhouse with high maintenance fees what actually happens does this high fees create a lot of financial burden.. When its time to sell does these condo get sold out easily. has anyone been in a situation that he is need of selling his condo and unable to...

Hi, I need advice on buying a house in todays hot housing market of Toronto and Mississauga. Lately I notice buying semi/detached/townhouse is out of hand since every house is going with 15+ offers and bidding and houses are getting sold ~200K above asking price bringing typical house prices...

Let say I purchase a property and after certain year I find out the basement which was done by previous owner is not done through permit and proper building code. Now if I am doing any rework in basement city is asking to correct the building codes. TO correct it will cost $$ amount. Will this...

please share the best rate for home mortgage so I and many others can benefit in decision making in course of renewal. also suggest what's good at this moment from market research either to go with variable or fix 5 years close mortgage. appreciate valuable feedback. thanks guys also don't f...

I have a townhouse approx. 1900 sq feet for rent in Mississauga prime location ideal for a large family. Full occupancy with basement. Available: April 1st, 2015. Location: Mississauga (Derry Road West & Mclaughling). Close to renounced St. Marcellenious high school, nofrill, foodbasic...

I need help on understanding mortgage rates why it is different bank to bank and even in same bank different for different customers. Me and my brother are jointly planning to buy house and want to know the best rate and bank name anyone have. I am more interested in variable close mortgage rate...

When we receive our Canadian passport whether it is first time issue or renewal issue we get the passport only no passport case. Australia has been since long issuing a Monogram canvas cover when issuing a passport. In addition to a passport, this Monogram canvas cover can also hold three...

Lets discuss after citizenship process. Some have dual nationality and happily keep both passport and for them process ends there. Lot of other new canadian citizen with India nationality have to spend further time and money in surrender certificate and OCI Anyone with OCI please share...

I have this account and paying $22.5 /month because I have mortgage with RBC and a locker. I want to know is there a way to get this fees waved do they consider this on request or no. I hate to pay monthly fees for banks so please share which other banking services is better in Canada and...

Is anyone owning two houses in Mississauga. one for self use and living-in and other for rental income. I want to understand how much money you can get out of rental property. If the mortgage payments are less is there potential of some left over money from the rental income to run monthly expenses.

Hi, flying from Pearson to US is expensive so many go to buffalo airport and fly from there. If someone need to choose this option can you advice the best way to commute to Buffalo airport. Option 1: take taxi to and fro (need to know the rates?) Option2: take your car and park at buffalo...

if we worked self employed as incorporation and did our own T4 and then became full time and you have to apply for citizenship to show the job experience and tax and t4 do we have to keep the incorporation active even if there is zero income as one has acquired full time job. please suggest