Tag Archives: Canadian real estate investors

Top 10 Tax Savings Tips for Canadian Real Estate Investors​

Following are Top 10 Tax Savings Tips for Canadian Real Estate Investors​:

  • Don’t exaggerate your home office expenses. This is a red flag for the CRA. There are always exceptions, but a good rule of thumb is a maximum of 25 per cent as the business share of heat, hydro, property taxes and so on. ​

  • Keep a careful log of car expenses. This is another red flag for CRA. ​

  • If you run into trouble or make a mistake, call the CRA. Most times they will be very helpful, especially if you call before the crunch.   ​

  • Whatever you do, don’t ignore communications from the CRA, respond promptly and make notes of your conversation right on the letter for future reference. ​

  • Unless you are incorporated you are required to complete a Statement of Business and Professional Activities (T2125) at he same time as you file your personal taxes. ​

  • Don’t wait until the last minute. It’s impossible to get yourself properly organized under eleventh-hour time pressure and it’s difficult to make good decisions to minimize your taxes. ​

  • Make an estimate of your expected tax bill. If your revenue is going to be high, you might consider making that machinery or computer purchase before year’s end. You’ll defray some of the expense through capital cost depreciation, says Cleo Hamel, senior tax analyst with H & R Block Canada.

  • You should set aside 30 to 40 per cent of your gross income to cover income tax and CPP.   Even if you are the only employee of your business, you are responsible for paying the employee and the employer CPP contributions. ​

  • Keep proper records differentiating business from personal. If you can’t prove it, the CRA will likely assume the expense is personal. Hamel recommends that you slot your expenses into the categories provided by CRA on the T2125. “Whatever you do, don’t have a large ​

We are also Canadian private hard money lenders. We can offer you multiple solutions to resolve any situation.We can also do short term small private mortgage if required.

We can HELP!!! We also BUY HOUSES. Please call:

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P.S. Success isn’t a matter of chance, it’s a matter of choice. So it’s up to you to make the right choice to become successful. If you don’t know what to do it starts with making the choice to register for this LIVE real estate investors training in your town now and making sure you make the right choice to SHOW UP!!! Learn more to earn more!

Are you a Canadian real estate Investor? Join Canada’s largest real estate investors club now.

 

Quotes for Canadian Real Estate investors by Warren Buffett 

Top 10 Warren Buffett Quotes For Canadian Real Estate Investors 

Expert advise is always sought after by Canadian Real Estate Investors Training and apprenticeship is needed to succeed in Canadian Real Estate investing.
Here are the top 10 Warren Buffett quotes for Canadian real estate investors. We have broken it down so that everyone can understand how to invest in Canadian Real Estate Investing.
You are guaranteed to succeed in Canadian real Estate investing with the willingness to follow  directions from the experienced in the field.
Top 10 Warren Buffett Quotes For Canadian Real Estate Investors“Our favorite holding period is forever.”To build true long-term wealth, you must acquire for long term investment for passive income to build wealth.

#1
“Risk comes from not knowing what you’re doing.”Canadian real estate investors who are speculators and gamblers will be doing risky investments.

#2 “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”Canadian real estate investors must have mindset to stay invested in real estate for long term basis”

“Let blockheads #3read what blockheads wrote.”Generally, nay-sayers are considered pessimists want to be Canadian real estate investors who say “nay” to everything including training, education and coaching.

#4 “Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.  Despite the economic fluctuations, one must think long term when it comes to Canadian Real Estate Investing.
It creates a flood of motivated panic sellers. Canadian real estate investor knows how to buy low and sell high.   #5

“Only when the tide goes out do you discover who’s been swimming naked.”Keep learning from Canadian real estate experts new investing techniques so that you can adapt to a changing market.

#10“I will tell you how to become rich. Close the doors. Must know how to be opportunistic.  Be greedy when others are fearful.”Greed is for speculators.
Always buy it at deep discounted Canadian real estate. Don’t follow the crowd.
“Never count on making a good sale. When bargaining for investment property ensure you are getting the best deal ”If you’re concerned that you cannot sell the property for full value, then buy it at lower – at about 60% of value – and sell lower – at about 90% of its current market value. #6

“We will reject interesting opportunities rather than over-leverage our balance sheet.”Sometimes the best Canadian real estate deals are the ones you don’t make.

#7 “A public-opinion poll is no substitute for thought.”Only a handful of Canadian real estate investors know the specific techniques for profiting in any market and that’s because they have invested in real estate investment training and apprenticeship.
Being part of a Networking group (PREIG) Professional Real Estate Investors will ensure that you are on top on the information you need to succeed Real Estate investing.    #8
“The most important quality for an investor is temperament, not intellect… You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.”Don’t worry what the masses are doing.
Utilize the proven techniques by the experts in the field to duplicate their results.
#9 “I really like my life. I’ve arranged my life so that I can do what I want.”Remember, that’s what Canadian real estate investing is all about.
You eventually want to live your life the way you want it to be.

We can HELP !! We also BUY HOUSES. Please call:

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P.S. Success isn’t a matter of chance, it’s a matter of choice. So it’s up to you to make the right choice to become successful. If you don’t know what to do it starts with making the choice to register for this LIVE real estate investors training in your town now and making sure you make the right choice to SHOW UP!!! Learn more to earn more!

Are you a Canadian real estate Investor? Join Canada’s largest real estate investors club now.

9 Critical Mistakes Made By Canadian Real Estate Investors

9 Critical Mistakes Made By Canadian Real Estate Investors

9 Critical Mistakes Made By Canadian Real Estate Investors:

As a Canadian  Real Estate investor and mentor, I often see novice Canadian Real Estate investors making the same exact mistakes. I created this list to help them realize what these common mistakes are and how to avoid them. 
 
The good news is that all of these mistakes can be easily corrected. 
 
The bad news is that any one of these mistakes will seriously limit your potential for success. In my experience, these are the 9 most common mistakes I see novice real estate investors make:

Continue reading 9 Critical Mistakes Made By Canadian Real Estate Investors

Referral Partners

Referral Partners

Referral Partners are sought by Flipping4Profit.ca. We will be offering LIVE Canadian real estate investors seminar training in select cities across Canada.

There are qualified referral partners who are interested in earning some extra cash from each event.Referral Partners Wanted

How Can The referral partners quickly learn time and locations?

Easy… go to www.Flipping4Profit.ca or call Pam at 1-647-393-6100

How Much can the Referral partners earn?

  1. You will earn $10.00 for each referral where we charge $49.98/person
  2. You will earn $500.00 for every referral that purchases any apprenticeship program
  3. You will earn 10% of any training they purchase from www.Flipping4Profit.ca (these packages often vary from $4k to $10K).

 

Adding The Numbers That Would Mean:

If you put 50 people in a room, you earn $500.00

If we sell 5 apprenticeships to your referrals you also earn $2,500.00

Referral partner
Referral partner

Pay out Structure:

Referral Partners – Pay Outs for all ticket sales and back-of-room sales will be completed by email transfer after 30 days after the completion of the training or apprenticeship

Who Is This Training For?

Business owners, Canadian real estate investors, realtors, mortgage brokers and anyone who wants to buy Canadian real estate at deep discount.

Why Do the Canadian real estate investors need to pay $49.98 for The Training Manual?

Over the past 23 years, we’ve trained thousands of Canadian real estate investors and realtors. Over that time, we’ve learned from experience that by charging a small fee for your training manual we increase the “show rate” by approximately 95%.

We are also Canadian private hard money lenders. We can offer you multiple solutions to resolve any situation. We can also do short term small private mortgage if required.

We can HELP !! We also BUY HOUSES. Please call:

Contact Information

P.S. Success isn't a matter of chance, it's a matter of choice. So it's up to you to make the right choice to become successful. If you don't know what to do it starts with making the choice to register for this LIVE real estate investors training in your town now and making sure you make the right choice to SHOW UP!!! Learn more to earn more! 

Are you a Canadian real estate Investor? Join Canada's largest real estate investors club now.