Homebuying in Canada: Tips for Newcomers
Purchasing your first property in Canada as a newcomer can be complex. but with proper planning and research you can make the dream a reality.
Purchasing your first property in Canada as a newcomer can be complex. but with proper planning and research you can make the dream a reality.
The most compelling argument in favour of helping your kids buy a home: Houses are much less affordable now than they were when you bought your first home.
On average, working Canadians typically retire at age 63; by all accounts, most of these newly retired people have about $1 million in retirement savings. But is that enough? A recent report shows Canadians now believe they need between $1.4 and $1.7 million in savings to comfortably retire. For Canadians looking to top up their…
Canadian homeowners can use their residence to help reduce the tax paid + a basic tax checklist to help file your tax return on time.
We all want to be in the black regarding our investments, but investors using their Tax-Free Savings Account (TFSA) as a vehicle to shelter profits from triggering taxation could find themselves in hot water. According to Jamie Golombeck, an expert authority on Canadian tax law, the Canada Revenue Agency (CRA) is cracking down on investors…
What the average American pays in income tax each year can vary widely based on income, tax deductions, credits, and other factors. However, data from the Internal Revenue Service (IRS), the average federal income tax rate for all taxpayers was 14.5% in the 2018 tax year (the most recent data available). Additionally, many states also…
If you suspect that your home contains asbestos, it’s important to seek professional advice.
Aggressive strategies are not always detrimental when constructing an investment portfolio. The key is to assess your risk tolerance.