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.
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...