How to know if a secondary suite or basement apartment is legal—and a worthwhile investment
The potential to earn rental income sounds great, but unauthorized second units come with financial and other risks.
Real Estate
Can I afford to buy a second home?
A second home can serve many purposes, from a vacation destination to student housing for your children. Here’s how...
Mortgage insurance calculator
Buying a home with a down payment of less than 20%? You’ll need mortgage default insurance. Use this tool...
Can you gift a farm to your kids to avoid taxes?
The idea to gift property to a family member for a dollar to avoid tax is a common one....
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Should you buy real estate through a corporation?
It can make sense to purchase rental or vacation properties through a corporation, but often it's simpler—and less risky...
Will you make money on your rental property?
Rental real estate has been a great investment for many Canadians. But how do you assess whether yours is...
What happens when a buyer backs out of a real estate deal?
Signing a purchase agreement and then failing to close can have serious financial consequences—and courts don’t take it lightly....
Is the family responsible to pay the mortgage for a loved one who has passed away?
When a home owner dies with money owing on the property, the type of ownership determines who is accountable...
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How capital gains tax on property is divided in a divorce
When a couple separates, how does owning, transferring and dividing multiple properties affect capital gains?