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  1. O

    Pls explain discrepancy in biweekly payment

    $123,601.31 @1.95% VC-5 Yr Term; 15 Yr Amortz : Crux of these problems is to work out Equivalent Annual Interest Rate=1.957391% Biweekly Payments: I am calculating it as($792.54 monthly Ins Premium of $100.38)X12/26= $412.12 - Biweekly Payments, but docs shows : $442.61, pls explain...
  2. O

    STB as a term of contract or condition in APS?

    What will be best option?
  3. O

    Tenant Managed Property

    I just thought its not a bad idea if a tenant can manage other part of property on behalf of Landlord. I am not sure are there people who trust their old trusted reputable tenants, I need to know, how many of you actually managed it that way. How would they transfer cash flows. Share...
  4. O

    What are back in rights

    Can anyone highlight what's does the term " back in rights" represents in the context of contract, law and investment?
  5. O

    Easiest way to calculate IRR

    A $20,000 investment was forecasted to produce a level annuity cash flow of $3,100 per year ( EOY) for ten years. What is the IRR? -- I don't want to do it via HP10BII, though I tried Newton's iteration, its never ending, not found? Hope someone write easiest formula/trial-error...
  6. O

    Are Capital Loss and Stock or Share Loss 2 different losses?

    Is Capital loss concerning to investment properties? While Stock loss is concerning loss due to fall in share prices?
  7. O

    Is Statement of Real Estate Rentals to be filled for Principal Residence?

    T776 - Statement Of Real Estate Rentals If its not required then how can we describe equipment additions or dispositions ? Or is it just for other rental and investment properties. How if the properties are located outside present state of living.
  8. O

    9912 - Interest from mortgages

    9912 - Interest from mortgages Does it need to be mentioned for individuals /regular principal residence holders?
  9. O

    What happens if replacement property is used for a different purpose!

    We know that certain provisions exist to apply recaptured depreciation when a property is replaced with another during a specified period of time. However, what happens if the replacement property is used for a slightly different purpose? Is it still a replacement property?
  10. O

    How are tax positions affected concerning recaptured amounts if a buyer took possession in Dec/10, and then title passed during Jan/11

    A very simple question? How are tax positions affected concerning recaptured amounts if a buyer took possession in Dec/10, and then title passed during Jan/11?
  11. O

    Share your expereince how you make sure last months rent is paid

    Land Lord "L" of a residential unit based in ON has verbally agreed to rent a residential unit to Mr. & Mrs. Tenants. The rent is due on first day of each month, they paid to "L" first month's rent and was to pay the last month rent within 1 week of moving in. They moved in March 1st, and on...
  12. O

    Why my biweekly payment not matching to Banks Calculation?

    This is from certain bank based in ON Original Balance:$123,601.31 Outstanding Principal:$115,957.79 Original Amortization:180 Actual Months Remaining:161 Interest Details Interest Rate:2.70% Accrued Interest:$42.89 Maturity Date:26 Mar 2015 Mortgage Term:60 months Mortgage...
  13. O

    Method to claim CCA for Principal Residence in ON

    I own principal residence since Aug/ 2007 in ON, what's the method to claim CCA? So far I didn't claim it , doesn't CRA will automatically refund return b/c they have our property data in their database? If not, when and how can I claim CCA, does it need to be shown in tax return documents...
  14. O

    Need Formula help for Discounting a Partially Amortized Loan

    I am as seller, unable to sell my waterfront cottage, will consider an STB for $180,000 at 6% amortized over 25 years. I feel this strategy will make my property more saleable and attract potential buyers. As you know financing through traditional sources is extremely difficult given the...
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