QUOTE (navaz @ Dec 4 2008, 08:05 PM) You have a few issues- renting from your corporation is your first issue, secondly- you intention at the time of purchase, thirdly- it is not a "how long do i have to hold issue" and most of the arguments would revolve- why did you purchase in your...

QUOTE (thomasbeyer2000 @ Dec 3 2008, 08:48 PM) not (yet) in Canada .. but in the US through a 1031 exchange ! Some corporations treat a property as "inventory" on their books which is OK if the real estate is NOT the core of your business .. say a manufacturing company that needs a bigger...

I have a duplex in Stavely, Ab and a house in Blairmore, Ab and would like to trade these two properties for a house in Calgary. Both are held in a corporation. Can this be done as i am not selling but would still holding a property for the same value of the two by just trading assets?

If i am renting from my corporation and fixing up a property, how long would i have to hold it before i can sell and move onto another project? I want to have capital gains and not be taxed as income. Is there a time frame that is safe to make that move? I could always rent it out to someone...

Very good post! I picked up a property in the Crowsnest Pass last June and with some exterior renovations, it looks like the property has almost doubling potential in approx 4 months of ownership!!! Prices had dipped back then and the one that i bought was reduced around $45k for a quick sale...

QUOTE (rjrealestate @ Oct 29 2008, 05:27 PM) My mom back home in Saskatchwan is moving into a seniors complex, and has a verbal offer on her house. However, this needs to be firmed up with a proper Real Estate Agreement for Sale. I am fully prepared to get one done up by a local law firm...

QUOTE (Craigenator @ Oct 14 2008, 02:14 PM) Hello All, I just moved to Calgary and don`t know many people in the area. I am eager to start investing in some real estate however I do not know the city very well. I am looking for any suggestions for a GOOD Realtor in Calgary that would understand...

That question has been on a few people`s minds. Could we be at the threshold of a new Great Depression? What does one do as an investor to be prepared for the worst? What if the banks take a "bank holiday"? What if the system falls apart? There are a good number of people out there buying and...

QUOTE (Jack @ Oct 9 2008, 07:28 AM) Absolutely, 100% correct. I had a buddy of mine that I was renting out my basement to, well below market price for a separate-entranced full suite in an inner-city location. Figured I was doing him a favor, he had got into some fairly high (yet not...

QUOTE (jarrettvaughan @ Oct 9 2008, 03:50 AM) I think that our Dollar is so closely link to the price of oil. Oil has dropped from 140 to 90, our dollar has dropped from 1.09 to .89 during the same time frame. Since oil prices are dictated by how much oil the world will need (or how much the US...

With the U.S. economy is such bad condition, why is their dollar gathering strength against ours That makes it tougher to buy real estate down south. You would think that we should be back to par or better!

I have taken the Quickstart Home Study Program. It is recorded live and you can feel the excitement and energy of the LIVE Quickstart. If you want to forge ahead with real estate, i recommend going for the full meal deal and become a REIN member. Get the resources and experience behind you as...

QUOTE (Mystique @ Jul 29 2008, 01:10 PM) Hello Eveyone I am looking for a realtor in Calgary who is exceptionally good at selling especailly in this market. I need to sell couple of properties in Calgary as soon as possible. I know this is not the right time to sell and I should be buying...

QUOTE (investmart @ Jun 19 2008, 05:09 PM) Reminds me of the hell I went through recently - funds were transferred a day late and until the last day(!!!) the bank could not approve and transfer the funds although I was approved 2 months earlier(!!!). It was a nightmare what they did to me. the...

QUOTE (RedlineBrett @ Jun 19 2008, 07:02 AM) Deals close late all the time. I would put the heat on both your lawyer and your broker to really push for this as you will be paying late interest on the delayed closing not to mention you being stuck between doors is a rather large inconvenience and...

I have a possession date of June 20th for a house in Blairmore, Ab. I have a uhaul trucked booked for the 21st and would be getting the keys from my realtor down there on the 22nd at noon to move in. My home base is sold with a June 27th possession date. I just find out today that the lawyer`s...

QUOTE (RebeccaBryan @ Jun 16 2008, 06:56 AM) I`d say that article looks like a bit of an exageration. I`m not planning to invest in the US anytime soon, however, you need to be able to read beween the lines. Where did this information come from, who wrote it, and do they have an underlying...

http://www.theamericannightmare.org/ What is behind this curtain??? This website does not paint a pretty picture. It makes you wonder if it is worthwhile to invest south of the border. Is the economy down south just going through another downturn or is their a lot more to consider this time...

QUOTE (GarthChapman @ Jun 6 2008, 02:47 PM) Call me and I can give you some history on them. 403-891-2204 Thanks Garth for the information and taking a few mins out of your busy schedule. I still have not heard back from the fellow who was going to sign over his membership to me to use.