Hi, I am just starting out in investment properties and I am looking for a good accountant in the Durham Region that can get me setup and give me all the information I need regarding taxes and operating my investments as a business. Please let me know if you have any good contacts. Thanks...

Thanks Russell, that information is very helpful. I spoke with my lawyer (before I read this) and he told me that taking cash back from the vendor is completely illegal mortgage fraud, and if I`m caught I`ll go to jail (he`s a pretty dramatic guy!). I assume that what you`re suggesting is not...

Hi All, I am currently in a situation where I want to purchase a property privately and the vendor has offered to give me cash back on the deal. Basically I will pay him $20,000 more on the mortage and he will give that cash back. I obviously want to cover myself against getting scammed in any...