I agree with "a suite that stands a good chance of being legalized". Leaves your options open. When it rains, it pours, so assume it will be the worst time in your life/economy when suite decisions need to be made. In addition to legal requirements (windows, parking, fire proofing) I would...

I suggest you go to the CRA website and start reading if you haven't already. There are several bulletins that can help although some take more thought than others! I'm not sure if your property is suited or if you are renting out rooms. I believe CRA wants you to separate out personal vs...

Good idea, this has made me decide if/how these economic issues will affect me! 1. c 2. a 3. b 4. c 5. b 6. b tiebreaker-4.2 % Thanks,

The new posts and logout buttons overlap on Google Chrome.

Thanks for the info Rob. Not something I would like to be surprised about! Do you think the same rules apply when renewing at end of term? Thanks,

we use 8 % for our older yet renovated suited properties.

State Farm does it for us.

I second Brett's thoughts. I have survived the process in Red Deer and it has been time consuming and has required persistence. I think Red Deer's process is more onerous than Edmonton's, but less so than Calgary's. It took us 1.5 years to get through it all, and only because we were...

According to Peter Kinch, variable is cheaper 88% of the time.** By deduction, that implies that fixed is cheaper 12% of the time. Michael I'd say by deduction if variable is cheaper 88 % of the time, then fixed is equal to or less than 12 % of the time. :) I think we all agree that...

Thanks, Thomas. I'll pass it along.

Hi everyone, I have a friend who is asking about the Olympic Village housing that the city is selling next week? Does anyone know anything about this or a possible contact? Thanks,

Hi all, I recently found this report. You can go to the website and subscribe to it if you are interested. Attached files Housing Bulletin December2010.pdf (1.4 MB)Â

Hi Dave, I have a friend in Lethbridge who has the same kind of rental properties that I do in Red Deer, so we compare notes. I think she has had less vacancy issues than I have this year. I think Lethbridge is a bit more of an even market than Red Deer and Lethbridge seems to have a delay...

Thanks to both of you. I'll give each a try.

Hi there, What is the best way to upload a picture for a classified ad? When posting the ad, under options it will only allow a picture of 64kb, and my picture is so microscopic that most viewers won't even notice it. The help section wants you to upload a picture in the media gallery...

I have been hoping that I would be able to add this this thread...finally! Thanks to Russell, Terri, and Lillian, I decided to keep trying with Scotiabank to reduce the rate on our LOCs. We have several, but I thought with our debt load they would continue to say no. My last request coincided...

As noted above, you will want to consider the legal requirements for width, height, and hand railings for stairwells for suites. One of our properties didn`t have sufficient height at the base of the steps, so we had to take a bit of floor space in the corner of the nook in the upstairs suite...

QUOTE (rharrap @ Sep 16 2010, 01:36 PM) Most banks are open to it. Really easy to negociate a lower rate on mortgages, as the going rates are now lower. Maybe a little tougher on those secured LOC`s but definately worth a call to your banker or broker. If you are going to refinance your...

I`m of the opinion that your relative is prime for an audit, period. Enough flags to warrant further attention. An interesting read is "The Taxman is Watching" by Paul and Phillipe Dioguardi. They are tax lawyers who seem to be featured (and advertise) in the National Post on a semi-regular...

Try State Farm. We have a rental condo with them.