Recent content by sdholakia

Hi Rick, Are you holding the investment in the US as an individual investment? Won`t the taxes be high? Won`t there be both Cdn/American taxes? Thanks.

Hi Rickson, In order to purchase property in the U.S. I believe it is better to set up a Canadian company that then sets up companies in the U.S. gets :LOC through these companies, as an entity. This results in 15% taxation as a business. I have also been given to understand that it cost around...

I have purchased 2 new Townhomes from a builder in Stouffville, ON. The properties will be completed April 2012. The builder`s price includes the HST, but not the eligible rebate. As a landlord-purchaser I will not qualify to assign the rebate to the builder, and hence must pay him the rebate...