Hi, I understand by losses here you mean capital losses. Thanks

Hi, The main reasons are tenants culture and population growth being significantly different in Montreal compared to Toronto: http://www.newgeography.com/files/cox-toronto-evolve-1.png Thanks

Hi, I see a bright future. A more complete answer is a 3 dimensional bell curve for Toronto where x is value appreciation, y is its probability and z is time. I can only tell the time. Thanks

Hi, So if a corporation has a retained loss of 100K for example from the previous 10 years (Total revenue - Total operating expenses in years 2005-2015), and has just sold a property purchased for 100K, for 200K, then there will be zero capital gain tax to pay? Thanks

Hi, It's funny Dpeacock is talking about $10 per month when the guy is asking/thinking about millions of Dollars mortgage. I mean please do the math - calculating your interest based on an amount lower by 5,000 than your real principal, is only worth around $10 a month:) Thanks

Hi, We are not selling much but a friend who also invests. and owns much. has asked me the following question: What are some legit accounting/investing strategies to not pay tax when selling? Please distinguish between properties under a corporation and not. Thanks

Hi, Glad you answered your question. Thanks

"Grow-ops yay or nay?" Hi, nay. Hope this helps. Thanks

Hi, Better than jail. Thanks

"Will you buy a property only cash flow but no appreciation potential?" Hi, Spoiler: all properties have appreciation potential and all appreciation potentials are just estimates. Thanks

Hi, Can you give an example or two of a "Great deal" currently for sale there. Please include asking price, property type and your expected rent. Thanks

Hi, I usually provide the minimum annual rent to price ratio I am looking for in certain areas. Some agents do not understand this. Others give up when they find out it is not readily available on-line as MLS creator did not think it is important to satisfy less than 5% of the population who own...

Hi, I find the question and responses funny. Thanks ATC, you "would use it for ourselves when not rented". You and your family will be carrying tons of items in and out every few months. Matt, if he plans to live in a place of course many SFH do not "carry themselves", like 99% of the properties...

Hi, Okay. Thanks

Hi, How do you explain this? A new trend in the bank's approach to apartment buildings investing and its risks? Or just a banker or specific bank branch not understanding our business? Thanks

Hi, Yes, just reminding it is not going to be 100% of current asset value as the banks normally do not allow that . It's 100% of purchase price, or higher, thanks to value appreciation since. Thanks

Hi, I understand and still strongly recommend you buy both asap. If the first of them is a rental for example which you said you can buy, then even use your visa cards or LOCs for the new build deposit (as mentioned only ~10%!) Maybe my mortgage qualification comment was not clear..(?) If you do...

Hi, Not sure why the guy above doubts your 50K value appreciation estimate. Guess he never bought a new build/pre-sale. Your estimate is actually pretty good and it can easily be higher than 50K especially if it takes the builder a long time to build and closing is delayed as often happens...

Hi, Toronto is generally better and Mississauga cheaper. A Mercedes Benz is better and Toyota is cheaper. As suggested, do define Your better. Depending on the weight one gives price, Toyota and Mississauga can obviously be the better option. Ignoring the price factor, they are generally not. Thanks

Hi, I think by "into B", Sue means that only the amount taken out through re-fi goes into B. Therefore, if I understand correctly, the balance of the primary residence principal (=new residence principal minus amount taken out) - the interest on this portion of the mortgage is still Not...