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Ontario Human Rights Code – Housing Discrimination
Every person has the right to be free from discrimination in housing because of Code-protected grounds. You have the right to equal treatment when buying, selling, renting or being evicted from an apartment, house, condominium or commercial property. This right also covers renting or being evicted from a hotel room. Housing The Code ...
Continue ReadingHow Do You Calculate the Profit You’ll Earn on Rental Property Income?
Are you thinking about investing in real estate to earn rental property income? Whether you invest in a residential or commercial building, there are several things to consider to make sure the property will generate a profit. Here’s what you need to take into account to determine how profitable an ...
Continue ReadingImportant Changes to Capital Gains Tax (what you need to know)
Starting June 25, 2024, the capital gains inclusion rate will be increased from one-half to two-thirds for capital gains of over $250,000 per year for Canadians, and on all capital gains for corporations and most types of trusts. Four Key Federal Budget Capital Gains Measures 1) Increase in Capital Gains Inclusion Rate Change: Effective ...
Continue ReadingMoney Laundering Can Drive Home Prices A Lot Higher, In A Short Period Of Time
The Objective Of Money Laundering When you buy an asset, whether a home or an investment property, you try to get the best value for your time and money. You want a deal. The seller is trying to extract the maximum price they can get from you, without driving you away. ...
Continue Reading10 Family Camping Games to Play This Summer
These family camping games make the great outdoors even more fun. Courtesy of Julia K. Porter WAVEBREAKMEDIA/SHUTTERSTOCK Whether you’re roughing it in a tent or lounging in a camper (like me!), take advantage of the time to play fun family camping games. I asked friends for their top recommendations. Going camping soon? Don’t miss out ...
Continue ReadingAssigning Property and the GST/HST Implications
The Federal Budget for 2022 has made amendments to Part IX of the Excise Tax Act (“ETA”). Effective May 7, 2022, all assignment sales in respect of newly constructed or substantially renovated single unit residential complexes or residential condominium units are taxable. For clarity, with respect to residential housing transactions, the ...
Continue ReadingCan REALTORS®—or Clients—Secretly Record Potential Buyers?
Smile! You’re being secretly recorded. Oh, the joys of privacy law! With more twists and turns than an Agatha Christie novel, it truly is the gift that keeps on giving… if you’re a privacy lawyer. For normal people, maybe not so much. Perhaps it’s because of the warmer weather that’s just around ...
Continue ReadingHome Maintenance Tips for the Summer Season
Father's Day signifies summer is here! So here are my top tips to get you ready for summer. 1 of 17 Ensure all air vents are clean and uncluttered In keeping with maintaining proper air flow throughout your home, it’s important to make sure all air vents and returns (ducts that suck air ...
Continue ReadingHow to Find Industrial Real Estate (and save time)
Searching For Industrial Real Estate? Here’s How To Find It Industrial Real Estate has skyrocketed in demand over this economic cycle. Technology continues to develop at a breakneck pace, heavily influencing the way consumers can purchase and receive their goods. This rise of online consumer shopping has not only shifted consumer preferences, but has ...
Continue ReadingFinding the List Price “Tipping Points”
Setting the right list price for a home or investment property is a mystery for many sellers. How do you begin to determine what buyers are likely to pay for your property? After all, no two properties are exactly alike. Yet, setting the right price is crucial. You need to avoid ...
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