Top 10 Lethal Mistakes Made By Real Estate Investors

Top 10 Lethal Mistakes Made By Real Estate Investors

Top 10 Lethal Mistakes Made By Real Estate Investors:

Canadian real estate investors intend to make very expensive mistakes. The number one cause is a lack of real life knowledge or expertise on Canadian real estate investment from a coach with proven experience. These common mistakes real estate investors make require a lot more than training and coaching to avoid. This article will help you avoid these errors to help you maximize your investment. Following are the Top 10 Lethal Mistakes Made By Real Estate Investors:

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Flipping Houses with Assignment Clauses – Part 4 of 4

Flipping Houses with Assignment Clauses – Part 4 of 4

Principal Residence Exemption, Business Income and Capital Gains

Flipping Houses with Assignment Clauses – Part 4 of 4

If you want to flip houses with assignment clauses for a profit, take a careful look at the criteria the Canada Revenue Agency (CRA) will consider when taxing you. If possible, structure your purchase so that you’ll receive capital gains treatment, and perhaps even the principal residence exemption.

Continue reading Flipping Houses with Assignment Clauses – Part 4 of 4