Thank you Thomas and Marnie.

Hi I am trying to help a friend and have a few unrelated questions, all related to RE though:) - Do you recommend landlords have either a Canada Post PO Box or UPS mailbox? Costs around $200 a year. If yes, what is the main reason? Also, is UPS better than a PO box? - First home buyers plan - I...

Thanks

Hi, Shuld the handyman still include material specs in his quotes in the case of working this way with a supplies store account? Thanks

Hi, Thank you Matt and dplummer. The account in question is such that you get an email upon each purchase they make. Thanks

Hi, Do you have/ have you opened an account for your handyman or contractor with any of the supplies superstores like Home Depot, Rona or Evans? Do you think it is a good idea to work with contractors this way? I understand this allows them to pick up the material needed where you pay the store...

Hi, Thank you for sharing. Thanks

Hi, in 5 years term. Thanks

Hi, Sorry I meant an accounting example with numbers. Thanks

Hi, I see. Can you please give an example or 2. Thanks

Hi, Is this an example of what you mean: Corporation with 200K loss buys a property for 1 Million. Then sells it for 1.4 Million. Tax should normally be paid on 200K (half of 400K), but since the Corporation has a previous 200K loss, there will be zero tax owed following the sale of the...

Hi, What fluid on the wall, cats don't pee sideways do they? Thanks

Hi, Wow. Ill-advise above. Your tenant is your client. You put a cake on their table. Then ask them not to touch unless they pay. They might not stay for long now after how you made them feel. Seems like you and the guy above do not yet appreciate the amazing value of very long term clients...

Hi, Question in chemistry - what in the world do cats emit that penetrates walls? Thanks

Hi, Interestingly no one knows or cares? :) Maybe there are just less members reading this forum than in the past. I mean like 1 in 10 investors has a coin laundry and should be interested in finding out :) no? Thanks

Hi, If your wife believes there is no equity, maybe she will agree to transfer them all to you (together with all the mortgages). Win-Win. Mission accomplished. If she doesn't agree, maybe she will be ok with you taking 2 and she takes one. Both scenarios are presented to her as better than...

Hi, Ok so you didn't like how I said it as it is - 'really Interest rates 101' :) Sorry, lack of math skills or not understanding the world of alternative (lower) costs, is not an excuse to making less money for your business partners. Glad you understand the value of a mortgage and how it...

Hi, What's the connection to equalized utilities? - that's a totally different question beyond the scope of this forum. Are you paying property tax annually? Of course we pay it monthly. What would be your fee if you switched to monthly? Thanks

Hi, The following example, really 'Interest rates 101', should help you understand why: Say you can pay 1.2 Million now Or 100K per month for 12 months with only 0.1% fee (=0.1% x 1.2 Million = $1,200) Do you really prefer paying 1.2 Million lump sum in order to avoid $1,200 fee!? How about...

Hi, Location is Ontario. Looks like you are correct as usual - 8% sales tax is applied on insurances in Ontario. In the case mentioned above, the policy is with TD Insurance. We worked with them directly and no broker is involved (Maybe we should start working more with insurance brokers) Yes...