I'm considering adding an In-Law suite in my bungalow that is in an R1 neighborhood and I have two questions. How do I find out if it is legal in my area? Can I reasonably deduct expenses related to this unit? Thanks in advance. Joel

Is it possible to secure a loan against my RRSP to provide for a REI downpayment? I read in a blog here: Borrow to invest against your RRSPs something along those lines. Sounds too good to be true.

I wouldn't say that this is an emergency but I look at it this way. If I do not use these funds for real estate investment, I will be delaying my first property purchase by about 2 years if I'm lucky. The money inside my RRSP invested in my aggressive growth mutual fund will likely continue...

Hello Everyone, I want to use my RRSP savings to purchase my first investment property and I'm curious to hear if there are problems with this approach that I haven't considered. I'm okay with the fact that I will lose the contribution space and have portions withheld for taxes and possibly...