Buying rental property is not just about the tenant income. Choose your purchase for its overall potential as an appreciable asset.
With careful record keeping, you will save taxes and increase your cash flow. It will keep more revenue in your pocket.
To be a successful landlord, you need the skills to manage your tenants. Each province has its own rental laws. Understand what applies to your target area before investing.
For a property you are considering, calculate the monthly rental income and subtract the expenses. This reveals the cash flow you can reasonably expect. Your Carte Financial Advisor can...
Turn your home from an expensive liability into an income-producing asset: leverage it to buy rental property. This kind of mortgage can bring a significant return on your investment...
Most people buy a larger home at some point. There is tremendous social pressure to do this. It brings status, extra amenities, and a lot more space. It also...
In Canada, the mortgage on your home is not tax deductible, but the interest and banking fees from a rental mortgage are. Along with all reasonable expenses incurred to...
Your Home, Your Wealth Is Your Home An Asset Or A Liability? Most people don’t actually own their home. They own a mortgage and a lot of expenses. They...
Use That Equity You bought a home as a smart investment. It’s far preferable to throwing away your money on rent. However, all the carrying costs can actually make...
What Is Your Home’s Value? Are you utilizing the equity in your home as a way to offset all the expenses? Don’t just accept these costs as the price...