Can you avoid capital gains tax?
Your home can be an effective tax shelter, but other forms of real estate can attract capital gains taxes. Here’s what you need to know about some of the more nuanced real estate scenarios.
Romana-King-Blog
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Home Owner blogger Romana King addresses conflict of interest concerns
Does holding a Realtor’s license mean I’m biased? I think not.
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There’s not going to be a housing crash
A recent report by TD Bank suggests a gradual adjustment, rather than a drop in prices, that matches, more closely, the historical appreciation of real estate.
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Let’s put real estate overvalution in perspective
Canadian real estate is overvalued by 20%. This doesn’t mean your home is worth 20% less. If prices do drop, it will be closer to 10%, and in certain parts of the country it’s already happening.
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It’s war. Mortgage war. And you could be the winner.
The banks may be gearing up for the busy spring real estate season and Minister Flaherty isn’t too impressed, but you should be.
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Loan yourself a mortgage
Using a self-directed RRSP you can pay mortgage payments to yourself and not the bank. But there are drawbacks.
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Taxing tenants-in-common
The sale of an inherited property by siblings who are tenants-in-common doesn’t mean you’re exempt from capital gains taxes.
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How your home can save you at tax time
Your home—and the mortgage you carry—is the single largest investment you will probably make. The good news is you can also save money at tax time with these 7 tips.
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Pay off the mortgage or invest in an RRSP?
Low interest rates and single-digit market returns are prompting one of the longest running debates in personal finance: Should I pay off my mortgage? Or invest in my RRSP?
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Save up to 6% on a home
If you want a deal consider shopping for a home in the dead of winter.
