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  1. C

    A question about tax on rental income in the long run...

    Godfried - seems your reply got eaten by the filters(?) Also, Thomas, I appreciate the input. The properties I currently have are either multi-family or suited. Would like to step it up into commercial, etc. but before I do I`d like to know the "game" a little better. -Chris
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    recommendations for mortgage broker in Victoria/Duncan BC

    QUOTE (invest4life @ Oct 21 2009, 09:44 PM) Hello everyone. We`re new to real estate investing and are working on building our investment `team`. Can anyone recommend a savvy commercial lender or broker in the Victoria/Duncan/Nanaimo BC area? Second, on a property such as a mobile home park...
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    A question about tax on rental income in the long run...

    Hi Everyone - thanks very much for all the responses and help...So I guess there`s a few options, then: 1) Extend mortgage(s) at renewal to restore the principle vs interest tax equilibrium 2) Claim CCA each year to reduce taxable income by increasing loss 3) Refinance to accumulate further...
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    A question about tax on rental income in the long run...

    Hey everyoneWell, I guess this post also doubles as my first post as well, so here`s a very brief introduction of myself and my relatively inexperienced background in real estate: The name`s Chris, I`m 25 and I hail originally from Lloydminster (Alberta side), but now much-more-happily residing...
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