Tax deductible

Tax deductible

This is basically smith manuvor.

Tax deductible

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Wow really great video. Very details and informative. You deserve million views.

Saskatchewan

lol, Good luck. you will be out bid by 10 Indians...Its not 2019 anymore.

1%

Tax deductible

So insightful, love to hear these conversations around better utilization of parking spots.

I may need a mortgage on a rental in Saskatoon. If it doesn't sell, I would place a mortgage on it. Currently all in cash.

Rent control will decrease investment in housing availability. If costs are high but rent doesn't follow to adjust with costs, no one will invest in housing. It will affect renters and landlords alike.

Tax deductible

What a great town! Thank you Ron and Liz :)

What makes landlords so self-entitled to believe that *other people* should pay the carrying costs for their poor "investment" choices? TENANTS PAY YOUR MORTGAGES. Rent controls do 'work' when parasitic profiteering is not the sole motivating factor - see Vienna. Stop lying that landlords "provide housing" - you do not - you HOARD housing in order to *extract wealth from other people* who actually pay for it, while stripping tenants of tenure of tenancy rights, and upon threat of being made homeless. It is parasitic behaviour and you all should be ashamed of yourselves. Find something else to "invest" in.

%8-10 increase on lease renewals is awesome! Here in BC we have the controlled increases set by the NDP, that are well below inflation, increase in cost for strata payments, property taxes and insurance, not to mention mortgage rate increase. Essentially, what that means is that landlords are paying extra 500-1000 a month just to keep the unit, and that's if they purchased it a decade ago, forget the people that purchased during 2021-2022 heights. Seriously considering selling and purchasing in Saskatchewan. You guys have lots of freedoms there. Here, if you want to evict a tenant, you can only do so under the pretext of family members moving in, give tenants 4months notice, pay one of those months for them fully, and then have to have the close family members live in the dwelling for a year before re-renting it again. Just madness. Property owners should have more rights than that, in my opinion.

Oh landlords are making profit. They are the only ones who are still in positive in all of this

if rent control is the only thing a landlord needs to worry about you have a good problem! I would say in Nipawin rent use to be like 2 or 300 bucks no one invested, people started renting for higher rates and it brought the private landlords out of the wood work and starting to try again if you are not making profit like that guy said to make it worth buying more how does one keep up especially when not everyone is a perfect tenant. Excellent info!

do they use stress test rate for calculating the mortgage payment? 7%?

Thanks Ron

I guess he isn’t talking about Saskatoon. Beautiful busy city. Furthermore I have always lived where we have cold winters, lots of snow ,I love the four seasons.

I love my home province Saskatchewan.

Great episod Ron, and thanks for the insights Chris.

What are the numbers for the city of Melville 7.45 30th August 2024

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Sad to hear. Between flipping and companies buying homes and setting the market is why we are in a mess in BC.

Just to be clear here, is the principal portion of the rental mortgage payment an eligible expense to be able to pay from HELOC and the interest on HELOC be tax-deductible? Or it only the interest portion of the rental mortgage that would be eligible?

You don't have enough.

How about the same salary i get on the Westcoast. 150K do that I would move.

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Winter is the best time of the year. Born and raised.

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I am interested. Please send me a complete video breakdown. Thank you

Hi, not sure if you mentioned it but the LOC is always getting bigger every month. When and how do you pay that back? Great explanation and video

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Video please and thank you

Video

Definitely video

Thanks a lot for explaining

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Interested can you sand me a copy

I would like a copy to view please

Don't go there if you want a hopping social life. There's nothing there but grass.

Capital reimbursments on a rental are not deductible. Only the interest portion is. Great video!

Do you need the permit from city for airbnb?

it's quite flat isn't it

Video! Thanks for the content!