I'm sorry about your US real estate experience, however you are making the process of investing in the US sound very complicated and worrisome when it isn't. Your experience is an exception and not the norm.

Although I agree with consumption taxes (most equitable tax in the industrialized world) it sounds like you're a fan of re-distribution, grabbing more and more from those taking responsibility of their own financial lives. "Middlers" like me shouldn't be penalized by paying more taxes for...

Thanks True, I will try to contact her. Nice to see someone further than me that is already investing in Saskatoon.

Hi, could anyone suggest or make a referral for PM in Saskatoon. Preferably one that has experience with smaller apartment blocks (less than 50 units) Thanks

You dont say if you rented a house or apartment so I dont really understand this heating problem you had in the summer ?? But let me get this straight, you withheld 100% of your rent for a "problem" yet you continued to reside in the unit sleeping, eating, and bathing for free, and you expect...

This isn't a prank against the tenants it's a theft of your property and I would treat as such. If you know for sure who did this then I would file a police report right away. I'd also inform the tenants that if the statue is not returned then these "friends" are no longer allowed on the...

You'd be better off getting a SFH, or townhouse better chance for appreciation and greater resale opportunities. Financial Institutions do not borrow money to buyers of condos as readily as SFH and townhouses, due to ongoing legal issues with the complexes.

I purchased 2 properties earlier this year in Las Vegas after doing alot of research. After some repairs they were both rented in less than 3 days. Guess what.....my HOA communities aren't ghost towns either contrary to what the media reports. It depends on what you buy and where but I...

Very short sighted analysis........There is real life beyond the strip, 1.8 million in fact and will be growing faster than the U.S. national average.

Thomas, can you share where you get this 50% U.S. tax rate from ? Or how Canadians are taxed higher for capital gains in the U.S. ? The U.S. has a 15% flat tax on cap gains and no tax on 1040 exchanges regardless if you are Canadian or other non-resident. If you earn taxable income in the...

This is a quote from the RTB website "A landlord must always make sure that the temperature in the rental unit meets the minimum requirements. There isn`t a set date when a landlord is required to turn on the heat. From 7:00 a.m. until 11:00 p.m., the temperature must be at least 21ºC (70ºF)...

QUOTE (Mecheng @ May 10 2010, 07:59 PM) Intresting point about claiming CCA. Is this a case of "save" now and "pay more" later or is it "pay" now or "pay" later? Of course you have to pay back CCA if you sell for a profit in the future, but do you pay more? Do you just not return the amount you...

QUOTE (stephen @ May 7 2010, 01:48 PM) Hi and Thanks for everyones imput. I dont know if my accountant has been depreciating my properties every year in fact I didnt know this was possible. Does any one know of a good accountant or tax stratagist in the Richmond/Vancouver area that understands...

QUOTE (Gen1GT @ Apr 23 2010, 05:40 AM) So instead of just answering the question (which is why this forum exists), you want me to wait a few months while I find, sign up for and complete this tax course? Sounds like an inefficient use of time to me. LOL Not that education isn`t very important...

QUOTE (Gen1GT @ Apr 22 2010, 05:57 AM) If your taxable income from the property goes negative for a few years, is it cummulative? I`d recommend you take an H&R tax course (pretty cheap) and do some reading so that you can understand and properly analyze an income statement.