A Tax Consultant’s Advice on Airbnb, Taxes & Real Estate Investing
Listen to “A Tax Consultant’s Advice on Airbnb, Taxes & Real Estate Investing” on Spreaker.
Morrison Sells Real Estate – Toronto Real Estate Agents
Listen to “A Tax Consultant’s Advice on Airbnb, Taxes & Real Estate Investing” on Spreaker.
Have you noticed mortgage rates are slowly climbing their way up? If you’re looking to purchase house, condo or investment property in the next year, take note. These rate increases will directly affect your purchasing power.
How do we get the housing issues right in Toronto? Experts weigh in. Speakers: Moderator: Davelle Morrison (Bosley Real Estate Ltd. Brokerage) Mark Alridge, President & CEO, MCAP Corporation John Webster, President & CEO, Scotia Mortgage Authority Hali Noble, SVP, Residential Mortgage Investments, Fisgard Asset Mgmt.
Renovating your home affects the valuation. I could help you determine the best course of action!
Marijuana will become legal soon. How does it affect you as a landlord/tenant?
How can you maximize your income on your AirBnB rentals?
How can you maximize your income on your AirBnB rentals?
Running an AirBnB can be a very profitable business, here are my top methods to make money by AirBnB’ing your property:
Prior to April 2017, rent control only existed for buildings built before 1991. Most of the new condos being built were not under rent control. According to Urbanation, a third of condo rental stock comes from individual investors, domestic & foreign, who have purchased condos and have rented them out. 27,219 units were leased on MLS in 2017. 50% of the new condo buildings are used as rentals. Prior to April 2017, Landlords were given free rein to increase rents on an annual basis.
Ever wonder about the average price of a one bedroom condo is along the TTC subway map? Depending on the subway station you live closest to, values do change and it’s all about the subway station. The subway station does matter when it comes to values. This chart examines the values of a one-bedroom condo within 0.3 km (or approximately 394 steps) of a TTC subway station. I wanted to see how the numbers would shape up myself so I created a map search with the Toronto Real Estate Board statistics to determine the average price and the price shift in 2017 from 2016 of one bedroom condos.