https://www.realty.truewealthadvisors.ca/category/realestateinvesting/ Recent content in realestateinvesting on True Wealth Advisors Hugo -- gohugo.io en-ca Mon, 27 Nov 2023 08:16:23 +0000 https://www.realty.truewealthadvisors.ca/2023/11/optimizing-estate-planning-for-canadian-real-estate-investors-tax-probate-strategies/ Mon, 27 Nov 2023 08:16:23 +0000 https://www.realty.truewealthadvisors.ca/2023/11/optimizing-estate-planning-for-canadian-real-estate-investors-tax-probate-strategies/ Optimizing Estate Planning for Canadian Real Estate Investors: Tax & Probate Strategies For investors who own multiple real estate properties, there are unique financial planning, tax and legal strategies that should be considered to ensure they can secure their legacy both in the short and long term. Here are some key considerations: Principal Residence Exemption: Canada allows for a principal residence exemption, which can eliminate capital gains tax on the sale of a principal residence. 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/vetting-a-prospective-tenant-for-your-rental-property/ Thu, 12 Oct 2023 14:33:32 +0000 https://www.realty.truewealthadvisors.ca/2023/10/vetting-a-prospective-tenant-for-your-rental-property/ Vetting A Prospective Tenant for Your Rental Property Introduction: Renting out a property can be a lucrative venture, but it comes with its fair share of challenges, especially when it comes to selecting the right tenants. Vetting your prospective tenants thoroughly is crucial to ensure a smooth and successful landlord-tenant relationship. In this blog post, we’ll explore the essential steps and considerations for effectively vetting potential renters. Verify Employment and Income 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/2023/08/is-toronto-real-estate-still-a-viable-investment-analyzing-the-numbers/ Thu, 31 Aug 2023 09:46:24 +0000 https://www.realty.truewealthadvisors.ca/2023/08/is-toronto-real-estate-still-a-viable-investment-analyzing-the-numbers/ Is Toronto Real Estate Still a Viable Investment? Analyzing the Numbers Introduction: In this episode of the True Wealth Podcast, Seun Adeyemi and Othniel delve into an important question for investors: Is Toronto real estate still a viable investment? They address recent concerns about investors facing losses in Toronto’s real estate market and conduct a thorough analysis of the numbers to provide insights into the current market conditions. The Challenge of GTA Condo Investments: Seun and Othniel discuss the sensitivity of the condo investment market to various factors such as interest rates, supply and demand, and rental rates. https://www.realty.truewealthadvisors.ca/2023/08/rates-have-gone-up/ Tue, 29 Aug 2023 09:19:16 +0000 https://www.realty.truewealthadvisors.ca/2023/08/rates-have-gone-up/ Introduction: In a recent episode of the True Wealth podcast, hosts Seun Adeyemi and Othniel Litchmore delved into a common dilemma faced by real estate investors: whether to hold or sell a pre-construction property. The hosts examined a specific case study where a client had purchased a pre-construction condo townhome three years ago and was now grappling with the decision due to rising interest rates and negative cash flow. In this detailed blog post, we will explore the factors discussed by Seun and Othniel and shed light on the considerations involved in making an informed choice. 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/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/2022/07/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.