https://www.realty.truewealthadvisors.ca/category/investmentproperty/ Recent content in investmentproperty on True Wealth Advisors Hugo -- gohugo.io en-ca Thu, 16 Nov 2023 11:23:21 +0000 https://www.realty.truewealthadvisors.ca/2023/11/how-aaron-charles-is-using-his-real-estate-development-to-help-elevate-the-black-community/ Thu, 16 Nov 2023 11:23:21 +0000 https://www.realty.truewealthadvisors.ca/2023/11/how-aaron-charles-is-using-his-real-estate-development-to-help-elevate-the-black-community/ How Aaron Charles Is Using His Real Estate Development to Help Elevate the Black Community Introduction: In today’s episode of the True Wealth Podcast, we delve into the remarkable journey of Aaron Charles, a real estate agent and developer, and his mission to empower the Black community by helping people build wealth through real estate. Hosted by Seun Adeyemi, this conversation uncovers Aaron’s dedication to making homeownership a reality for many, sharing insights into the strategies and programs used by Golden Triangle Development to achieve this goal. https://www.realty.truewealthadvisors.ca/2023/10/choosing-a-property-manager-and-why-you-should-have-one/ Sat, 14 Oct 2023 14:56:56 +0000 https://www.realty.truewealthadvisors.ca/2023/10/choosing-a-property-manager-and-why-you-should-have-one/ Choosing a Property Manager and Why You Should Have One Property management is a multifaceted field that plays a pivotal role in the success of real estate investments. To unravel the complexities of this essential aspect, we turn to Christine Abankwa, a seasoned property manager, realtor, and entrepreneur, who recently shared her invaluable insights on the True Wealth Podcast. In this comprehensive blog post, we’ll delve deep into the key takeaways from her insightful conversation with hosts Seun and Othneil. https://www.realty.truewealthadvisors.ca/2023/09/impact-of-taxes-on-re-investments/ Sat, 02 Sep 2023 09:58:37 +0000 https://www.realty.truewealthadvisors.ca/2023/09/impact-of-taxes-on-re-investments/ Tags: financial planning, tax planning https://www.realty.truewealthadvisors.ca/2023/05/legal-ownership-vs-beneficial-ownership-whats-the-difference-and-why-is-it-important/ Thu, 11 May 2023 14:28:09 +0000 https://www.realty.truewealthadvisors.ca/2023/05/legal-ownership-vs-beneficial-ownership-whats-the-difference-and-why-is-it-important/ Legal Ownership Vs. Beneficial Ownership. What’s The Difference And Why Is It Important? In a previous article, I talked about joint ownership in non-spouse situations, the two most common types of joint ownership, and why it’s crucial for investors to know and understand the differences. In this article, I’m going to address the difference between legal ownership and beneficial ownership because not understanding those two terms can lead to potential landmine issues when it comes to estate planning for joint owners of a property. https://www.realty.truewealthadvisors.ca/2023/04/joint-ownership-and-owning-real-estate-property-in-non-spouse-situations/ Tue, 25 Apr 2023 14:25:11 +0000 https://www.realty.truewealthadvisors.ca/2023/04/joint-ownership-and-owning-real-estate-property-in-non-spouse-situations/ Joint Ownership And Owning Real Estate Property In Non-Spouse Situations When it comes to owning real estate property, there are different ownership options available. Joint ownership, also known as co-ownership, is one of the most popular ways of owning real estate property. Joint ownership allows two or more individuals to share ownership of a property, and it is not limited to spouses alone. Joint ownership can be between any two or more individuals, such as family members, friends, business partners, or even strangers. https://www.realty.truewealthadvisors.ca/2023/04/are-you-ready-to-buy-your-first-investment-property/ Mon, 17 Apr 2023 14:20:36 +0000 https://www.realty.truewealthadvisors.ca/2023/04/are-you-ready-to-buy-your-first-investment-property/ Are You Ready To Buy Your First Investment Property? There’s no doubt that investing in property has the potential to yield significant financial returns, which is why so many people are interested in this type of investment. But when is the right time to buy an investment property? Let’s explore that question together. First and foremost, it’s important to realize that investing in real estate is not for everyone. It takes a significant amount of time, effort, and money to purchase, maintain, and rent out a property. https://www.realty.truewealthadvisors.ca/2022/11/first-time-home-buyers/ Tue, 29 Nov 2022 14:14:47 +0000 https://www.realty.truewealthadvisors.ca/2022/11/first-time-home-buyers/ Our firm works with a network of lenders, appraisers, lawyers to help you from start to finish when it comes to purchasing your first home. As a first-time home buyer, you probably have many questions or are not quite sure what to start or even what options are available for you. Here is a step-by-step guide. 1. Get a Pre-Approval This should be your first step and we can assist you with this. https://www.realty.truewealthadvisors.ca/2022/07/investment-property-deductions-you-can-write-off/ Tue, 26 Jul 2022 13:53:58 +0000 https://www.realty.truewealthadvisors.ca/2022/07/investment-property-deductions-you-can-write-off/ Investment Property Deductions You Can Write-Off Owning an investment property can be lucrative, especially if done prudently. An investment property is used mainly to generate income, either through passive income by renting it out or by flipping it to generate capital gains income. Purchasing an investment property either to flip or to rent both have their pros and cons. A part of what we do is to assess which is right for you.