Posts TaggedInvestor Tax Advice

Discover real estate investor tax advice designed to save you money.

March 22, 2023 January 5, 2023

Important Rental Property Expenses – What are the expenses and are they tax-deductible in 2023?

All successful real estate investors know that generating consistent passive income by renting out property is complex. Land taxes and mortgage payments are just a few of the significant property expenses of owning a rental property. Even the savviest of landlords would find it challenging to keep their heads above water on investment with all […]

By Scott Dillingham

6 min Read

193 Views

August 21, 2023 January 4, 2023

The Foreign Buyer Tax Rules Have Changed – What You Need to Know as A Savvy Foreign Investor in 2023

The Canadian government continues to try to solve the housing affordability crisis. While the foreign buyer tax won’t save housing in and of itself, it’s part of a national effort to keep prices more manageable.

By Scott Dillingham

5 min Read

220 Views

August 28, 2023 January 4, 2023

Capital Gains Strategies to Help You Save Money in 2023

Capital gains taxes can really take a bite out of your income, so devising strategies to lessen them can really pay dividends throughout the year.

By Scott Dillingham

5 min Read

191 Views

Capital Gains Strategies To Help You Save Money In 2023

April 11, 2023 January 3, 2023

What is a Principal Residence? Understanding How Your Home Can Impact Your Investment Success in 2023

Even a novice investor likely understands that growing a successful real estate portfolio involves taking ownership of several properties. What those same novice real estate investors may not realize is that the CRA will seek to classify each property for tax purposes.It all begins with the first one, the one you occupy: your principal residence

By Scott Dillingham

5 min Read

313 Views

What Is A Principal Residence? Understanding How Your Home Can Impact Your Investment Success In 2023

March 15, 2023 January 3, 2023

House Flipping and Your Taxes: 4 Important Things You Need to Know

House flipping can be a tremendously lucrative venture. Many investors make an entire career out of finding under priced properties that need a little love, updating them and selling to a buyer at a profit. Making tens of thousands on a successful flip isn’t uncommon But before you set your sights on a long career […]

By Scott Dillingham

6 min Read

416 Views

August 28, 2023 January 3, 2023

How to Claim Capital Improvements on Your Rental Property – Investing Tax Tricks for 2023

Regardless of how you want to improve your rental properties, there are some things you should keep in mind from a tax perspective when looking into capital improvements. Claiming these expenses properly can be the difference of thousands of dollars come tax time.

By Scott Dillingham

5 min Read

427 Views

How To Claim Capital Improvements On Your Rental Property - Investing Tax Tricks For 2023

August 28, 2023 January 3, 2023

What You Need to Know About Capital Gains Tax (And How it Affects Your Real Estate Investment in 2023)

Capital gains taxes are a fact of life for every investor, including those who choose to make their commitments in the real estate sector. Sooner or later, every real estate investor in Canada is going to encounter this particular type of tax. It’s in your best interest to be an informed taxpayer when figuring out […]

By Scott Dillingham

5 min Read

219 Views

What You Need To Know About Capital Gains Tax (And How It Affects Your Real Estate Investment In 2023)

April 11, 2023 January 3, 2023

Important Rental Property Expenses You Can Deduct from Your Taxes in 2023

Fortunately, you can deduct any reasonable rental property expenses that occurred as part of maintaining your rental property

By Scott Dillingham

5 min Read

236 Views

Important Rental Property Expenses You Can Deduct From Your Taxes In 2023

April 12, 2023 January 2, 2023

Consider Estate Planning as Your Successful Real Estate Empire Grows in 2023

Estate planning is something every real estate investor needs to consider as their portfolio grows. You might be focused on building an empire or setting up consistent cash flow, but you also need to figure out how that all plays out when you’re not there to oversee it.

By Scott Dillingham

6 min Read

165 Views

Consider Estate Planning As Your Successful Real Estate Empire Grows In 2023

March 24, 2023 January 1, 2023

What Rental Property Expenses are Tax Deductible? 8 Important Things To Write Off

Any experienced real estate investor knows it isn’t easy to generate constant passive income from a rental property. There are several key rental property expenses associated with owning a rental property, as well as property taxes and mortgage payments.

By Scott Dillingham

6 min Read

370 Views

April 17, 2023 January 1, 2023

What is the Capital Cost Allowance and Why Should Multifamily Investors Care in 2023?

Buildings, vehicles, equipment and more, when used for business or professional purposes, degrade and depreciate over time. The Canada Revenue Agency provides investors and business owners with a way to maximize the value of their depreciable long-term investments. Revenue Canada allows you to deduct the cost of depreciation over time through the capital cost allowance (CCA).

By Scott Dillingham

5 min Read

260 Views

What Is The Capital Cost Allowance And Why Should Multifamily Investors Care In 2023?

April 27, 2023 January 1, 2023

Hiring a CPA (Certified Public Accountant) is Essential for Investing Success in 2023

Being a successful real estate investor requires more than just market savvy. Hiring a CPA/Accountant may seem unnecessary, but real estate investments are not simple financial transactions. A CPA serves as more than a tax preparer; they are also a trusted advisor who can help your investments grow.

By Scott Dillingham

5 min Read

229 Views

Posts TaggedInvestor Tax Advice

Content

Important Rental Property Expenses – What are the expenses and are they tax-deductible in 2023?

The Foreign Buyer Tax Rules Have Changed – What You Need to Know as A Savvy Foreign Investor in 2023

Capital Gains Strategies to Help You Save Money in 2023

What is a Principal Residence? Understanding How Your Home Can Impact Your Investment Success in 2023

House Flipping and Your Taxes: 4 Important Things You Need to Know

How to Claim Capital Improvements on Your Rental Property – Investing Tax Tricks for 2023

What You Need to Know About Capital Gains Tax (And How it Affects Your Real Estate Investment in 2023)

Important Rental Property Expenses You Can Deduct from Your Taxes in 2023

Consider Estate Planning as Your Successful Real Estate Empire Grows in 2023

What Rental Property Expenses are Tax Deductible? 8 Important Things To Write Off

What is the Capital Cost Allowance and Why Should Multifamily Investors Care in 2023?

Hiring a CPA (Certified Public Accountant) is Essential for Investing Success in 2023