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  1. K

    RRSP Home Buyers Plan - personal use

    Hi Matt, The form that you need to fill out is T1036, very simple to fill out. Once you have an offer and all conditions lifted, bring the form to the institution that has your RRSP. In the form it is kindda vague that even you could have multiple rental properties but if this house is your...
  2. K

    Do you accept this offer or not?

    Assume your tax bracket is 40%, prime is 3.95%, you could deduct almost 1.6% so you still pay 2.35%. your GIC earns 2% @ 40% tax bracket, your after tax earning is 1.2%. So it doesn't make sense. Sent from my SM-G960W using myREINspace mobile app
  3. K

    2018 - a tough year but two apartment building purchases in Alberta for 68 doors

    Very inspirational story Cory! All the best to your little fighter. Sent from my SM-G960W using myREINspace mobile app
  4. K

    Edmonton PM with monthly reporting

    Lolz @ some guy named Jared... him and company are the jokes Sent from my SM-G960W using myREINspace mobile app
  5. K

    What happens to Amortization on Mortgage Renewal?

    I could be wrong by assuming all banks, at least RBC do. Sent from my SM-G960W using myREINspace mobile app
  6. K

    What happens to Amortization on Mortgage Renewal?

    Usually you could stretch back to the amount of amortization that you were ahead of your schedule due to low interest or lump sum paid down without new application. Any more than that, you need to complete a new application. Sent from my SM-G960W using myREINspace mobile app
  7. K

    Edmonton Property Management (Clareview, harshine)

    Davies PM. Sent from my SM-G960W using myREINspace mobile app
  8. K

    Rental suited house with pool:

    Thanks! Sent from my SM-G960W using myREINspace mobile app
  9. K

    Rental suited house with pool:

    Thanks Brett! It is a small and old pool. Do you think it would be better to get rid of it, fill with dirt and sod it instead? Sent from my SM-G960W using myREINspace mobile app
  10. K

    Rental suited house with pool:

    Thanks Matt! Sent from my SM-G960W using myREINspace mobile app
  11. K

    Rental suited house with pool:

    Thanks Keith! Sent from my SM-G960W using myREINspace mobile app
  12. K

    ISO 1 bedroom apartment near Ryerson University.

    Hi, I'm asking for a friend's kids that attending Ryerson Uni. They will be long term tenants, 2 great visa students, no party nor smoking. Their budget is $1600 or less, all utilities included. Must come with a kitchen. Thanks, Sent from my SM-G960W using myREINspace mobile app
  13. K

    Rental suited house with pool:

    Thanks so much Tina! Sent from my SM-G960W using myREINspace mobile app
  14. K

    Rental suited house with pool:

    Hi, What are your thoughts of being a landlord of suited bungalow with separate entrance that has a swimming pool. Would it be better to give access to the upper level tenants and is it usually the landlord or tenants that maintain the pool? Or is it a bad idea to begin with? House is in...
  15. K

    JV set up?

    Thanks for all the inputs folks.
  16. K

    JV set up?

    Hi all, I have a question if we could set up a JV in the most simplest way. Let’s say My wife and I have a professional company called A Ltd. and the company owns 100% of B Ltd. which holds couple RE. If my BIL wants to come in 50% of all the assets and we’re willing to leave the mortgages...
  17. K

    Tenant won't move out by end of April as agreed.

    Thanks Matt! I did try to solve the issue in a nice way offering her to leave the stuffs in the garage and pick it up later but he refused it. I told her based one AB tenancy act, the House should be vacant and ready by noon April 30 but I will give her time till end of 30, so it won’t do...
  18. K

    Tenant won't move out by end of April as agreed.

    It was a fixed term and we all agreed to end by the end of April by texts. I had tenants lined up but now back out because I was upfront with them. I’m now advertising for June 1 to deal with this mess fist. Thanks again. Sent from my iPad using myREINspace
  19. K

    Tenant won't move out by end of April as agreed.

    My intention was to rent the whole house to a group or family, all or nothing. Sent from my iPad using myREINspace
  20. K

    Tenant won't move out by end of April as agreed.

    Hi all, I've been renting a townhouse to 3 tenants on 1 contract, they're friends to each other. They had notified me on April 1 to move out by the end of this month. Two of them have been good except the third one always been a headache. The other two wanted to stay but can't afford the whole...
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