Breadcrumb Trail Links Life Homes “I make a good living and I still can’t afford to buy,” said Dean Tester. Photo by Supplied Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content The fact that the number of…
Rent Out Property
Choose the right property. Not all properties are created equal when it comes to renting them out. You’ll want to choose a property that is in a good location and that is well-maintained. This will help ensure that your tenants are happy and that they stay for a long time.
Income Tax on rent: Even vacant property is taxed as let out. Will the 2023 Budget change this for homebuyers?
Budget 2023 expectations of homebuyers: With increasing income and the availability of easy-to-buy residential properties, several individuals are now owning more than one self-occupied property. Some like to rent out their property for extra income. Many times, such properties remain vacant. However, even vacant properties are taxed as if they are let out, which leads…
Timmins news: Thieves break into home, steal copper piping
A northern Ontario property owner is wrestling with the issue of people stealing copper piping. The latest theft was from a rental property in Timmins that was just about to be occupied. Nick Hansen is not sure exactly when it happened, but he found out on Dec. 30, as 2022 was coming to a close,…
co-own your vacation home and rent your unused nights
Sponsored: Have you met the Joneses? Of course you have, they’re everywhere. (EmberHome) | How are Ember Vacation Home Buyers Scoring 3.99% Financing? By Jeff Lyman | EmberHome | Jan. 3, 2023, 8:34 pm | Updated: Jan. 4, 2023, 5:45 pm Have you met the Joneses? Of course you have, they’re everywhere. They’re your neighbors…
‘A beautiful thing,’ the former Cambridge resident says of finally living out the Canadian dream
The Euale and Phillips family celebrating Christmas in 2022. From left to right, standing behind the couch are Jake and Chris Euale, and Zander Phillips, and sitting on the couch are Benny Euale, Jaeda Wipp, Dee Phillips, Kiera Wipp and Casey Euale. Dee Phillips lived for 22 years in Cambridge, where she still works, until…
Are you ready for Toronto’s new vacant home tax? Deadline to declare is Feb. 2
Toronto residents who own an empty home will soon be taxed for it, as the city pushes forward with a fee it says will help increase the housing supply and raise as much as $66 million a year. City hall’s new vacant home tax will start in the new year and the deadline for all…
PEI government rolls out relief programs for landlords
The Island government is launching three new programs to support landlords during the 2023 rental freeze, with applications opening later next week. The first is a Rental Unit Property Tax Subsidy that will lower the cost of provincial property taxes payable in 2023. Owners of rental units in agreements longer than six months, as of…
Forget Inflation, Apartment Rentals Will Get Worse Before Better
NEW YORK, NEW YORK – APRIL 28: People gather for a rally protesting rent hikes at City Hall Park on … [+] April 28, 2022 in New York City. Various housing organizations and tenants from across the city gathered to protest the proposed rent increase for stabilized apartments by the Rent Guidelines Board and demand…
Is Housing Inflation Slowing Down? Trends To Look For In 2023
| Newsday via Getty Images Key takeaways Many factors contributed to the rapid rise in home and rent prices over the past few years. Because of the long process from building to selling homes, it takes time for housing inflation to slow down. The outlook for 2023 is cloudy, with many factors coming into play….
5 Reasons to Become a Landlord (and 6 Reasons Not to)
If you’ve considered becoming a landlord, you might wonder if it’s worth it. There are many pros to rent out property. You’ll be your own boss and earn an income without working 40 hours every week. But if you’re seriously considering it, you’ve probably wondered what landlords can do when tenants are struggling to find…