As I mentioned last week, real estate is one of my absolute favorite areas in the tax law because there is so much flexibility in how to do things to legally maximize the tax benefits available. Real estate is also one of the most complex areas of the tax law. This makes it easy to overlook important steps, which can lead to missing out on tremendous tax savings. I recommend reviewing your tax strategy throughout the year, particularly as it relates to real estate
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Year-end Checklist For Rental Real Estate Posted By: Tom…
October 31st, 2009 | Posted in Finance
A number of years of ago in a landmark book “The Trouble With Canada”, author Scott Carpenter expounded on the points that Canadians had been been driven away from self-reliance and that no matter what “it was not their fault”. Yet the Government of Canada with a new official registered tax free saving plan seems to have reversed course in 2009. Put money and savings away in your duly registered TFSA – Tax Free Investment Savings Account. watch the power and powers of compounded interest kick in. All tax free.
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All Is Fair In Tax Free Savings Account In Canada Posted By:…
October 17th, 2009 | Posted in Finance
