Year-End Tax Tips You Don’t Want to Miss (2024 Edition)

  Рет қаралды 5,889

RealEstateTaxTips

RealEstateTaxTips

Күн бұрын

Пікірлер: 14
@slavikliman8174
@slavikliman8174 28 күн бұрын
Will the BPA vanish if someone has a zero income in particular year? Or is it possible to claim a double BPA next year (for this one and the next one)?
@Steve-p1o5f
@Steve-p1o5f 29 күн бұрын
If I take my profits from the stock market and immediately reinvest it into mortgage lending do I have to still pay taxes on the profits made originally from the stock market?
@ZXyml4
@ZXyml4 Ай бұрын
Thank you for the video ☺️ always super helpful. Will you be able to pin the link of the trust video mentioned in the comments? I could not see the link on screen. Thank you.
@RealEstateTaxTips
@RealEstateTaxTips Ай бұрын
Glad it was helpful! Trust reporting : kzbin.info/www/bejne/lXmyqpV_oZuGes0
@dmeca9422
@dmeca9422 Ай бұрын
if you click the exclamation mark on the top right corner, it will show the video they are pining, its also in the description box
@Meadow972
@Meadow972 27 күн бұрын
Would it benefit tax wise to incorporate if yearly income gross is only 18,000. Have a rental unit in my primary residence. Have avoided CCA because when I sell primary residence do not want a big tax bill.
@amankhangura1
@amankhangura1 16 күн бұрын
Hi, just a quick question. We are residents of Alberta. We, as married couple, sold rental property with a profit of $120k. I am self-employed and will be taking 0 pay from my corporation for this year. My wife is earning about 40k per yr with her full-time job. How can we do tax saving in our case? Contributing to rrsp? Thanks a lot
@amankhangura1
@amankhangura1 16 күн бұрын
@katlm-cpa Thanks a lot for clarifying and giving some options 😊
@Meadow972
@Meadow972 27 күн бұрын
Would it not make sense to incorporate if yearly income is only 18,000 gross from rental income. If incorporated when my primary residence sells would I have a huge tax bill? Rental unit in my basement of primary residence. Live in NB
@RealEstateTaxTips
@RealEstateTaxTips 15 күн бұрын
@@Meadow972 don’t make sense to incorporate for your rental income from your principal residence
@mrwarbucks9717
@mrwarbucks9717 Ай бұрын
RRSP IS GARBAGE
@ernstfischer8976
@ernstfischer8976 Ай бұрын
Why is it garbage? - tax deductible during working years. - grow dividends tax free until retirement. - take out at ( most likely) at lower tax rate when retire. I can’t see the garbage in that. -
@RealEstateTaxTips
@RealEstateTaxTips 15 күн бұрын
@@mrwarbucks9717 really depends on how you use it and your objective and what you invest in
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