Real Estate Life

as a landlord, what is the most interesting item(s) a former tenant left behind ?

Posted on Mar 16, 2023 in Real Estate Life

If you are seasoned landlord , you know not everything is NOT always smooth sailing. There are many con's of being landlord either for one unit or a boutique building. Here are top items tenants left behind and other's told me stories;

I had some tenants from Turkey. They lived in my apartments for a year. When they were graduated , they went home o...

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10 tax deductions for r.e. investors

Posted on Dec 24, 2022 in Real Estate Life

There are a number of tax deductions that real estate investors have access to.
 Please consult your accountant and not solely rely on the list below as certain criteria maybe required by CRA.

1. Interest, arguably the most important deduction

2. Depreciation typically done over a 27.5 year period

3. Any repairs done to the property

4. Local traveling do...

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should I buy the nicest house on the street ?

Posted on Dec 14, 2022 in Real Estate Life

This is a difficult question that we can't answer for you however, below is some food for thought and a start of a conversation on an important topic.

The answer to this question will depend on a lot of factors, including but not limited to your financial situation, your personality/lifestyle type, and the neighborhood in which like to move into. Th...

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What should consider when adding an income suite ? Basement or Laneway home

Posted on Oct 24, 2022 in Real Estate Life

A. Separate Entrance ideally side entrance

Firstly, is you lot eligible for Infill or laneway home ? 

Here is the criteria ; Lot size must be a minimum of 32.8 feet wide and must have have access to an open lane. Permission to build on a smaller lot may be granted by the Board of Variance (604-873-7611)

33 foot wide lot allows you to have a maximum of...

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Posted on Sep 22, 2022 in Real Estate Life

If you are not reading past the first paragraph this article is not for you so might as well swipe left. It like to take the time and understand more read on. It has never been a habit of mine to discuss politics, sex or religion. However, the local-provincial politics for past few months-years affects the lives of many people in this province and...

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