Blog
Putting Your Profits to Work…
The government has passed the contribution limit for (TFSA) Tax Free Savings Accounts into law! Starting in 2015 and during subsequent years, you can invest up to $10,000 annually. If you’re thinking about ways to invest your profits from a home sale, then this increase could become a part of your strategy. The Canadian government proposed raising the annual contribution […]
Budget Patio Furnishings!
Here are three ideas that I recently saw on Houzz that are a great way to easily create outdoor furniture on a budget. Rig up a dining table: Get a pair of sturdy sawhorses and top them with a door slab. Either paint all the pieces or just cover with a tablecoth. Create a bench: Take some salvaged […]
HST Rebate for New Homes
I just read an article by Toronto Real Estate lawyer Bob Aaron that reminds all of us to keep our information updated, so that we retain our right to the benefits of principal residence ownership and monetary incentives like the HST rebate for new homes. If you have not read the article, here is a link to it: The […]
Home Prices Continue to Rise
According to the Teranet Home Price Index this month, Hamilton home prices are up 8.4% and Toronto is up 7.6%. In our humble opinion, the increase is fuelled by our record low interest rates combined with lower than average inventory of available homes.
Income Properties
Passive income from a rental property can be a rewarding experience. It does not have to be hard work, if you are well prepared. There are many resources, which outline the rights of the landlord as well as those of the tenant. The rules around entry to the rental unit is the question that I […]
Near Record September Property Sales
According to (Realtors Association of Hamilton-Burlington) RAHB’s MLS system statistics, 1207 properties sold through this Board in September. This number represents a 32.9% increase over last year and is just one sale short of the 2009 September record of 1208 homes sold. The average sale price was also 6.7% higher than last year. This may […]