CTV News | Tax benefits for #realestate home owners | #Toronto #real_estate #Ottawa #business #money #finance

Tax benefits for home owners

Ottawa’s tougher mortgage rules, higher expected interest rates and the introduction of harmonized sales taxes in Ontario and B.C. in July have pushed people into the housing market in droves.

While home ownership can seem like an endless money pit, it also comes with certain tax benefits.

Real Estate Investment Network president Don Campbell, who made his first investment into residential real estate in B.C.’s Fraser Valley in 1985, has extensive holdings across the country and has learned a few things about real estate and taxation. He is and is the author of 81 Financial and Tax Tips for the Canadian Real Estate Investor, released in February.

Don is the author of the best-selling Canadian real estate book Real Estate Investing in Canada. Published in May 2005, with over 41,000 copies sold, it is the all-time best-selling real estate book in Canadian history.

On Monday at noon (ET), Mr. Campbell joins us for a discussion of ….

via ctv.ca

Posted via web from Toronto Real Estate News, Blog

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About Tariq Sultan
Dear Readers, I am a dedicated Toronto, Ontario based real estate professional who has been successfully meeting and exceeding the needs of his clients for past several years. I am actively involved in the insurance, financing, and mortgage industry. Real estate is not only my career – it is my passion. I strive to continuously provide my clients with exceptional service to ensure they are fully satisfied when it comes to their real estate needs. For any real estate related inquires contact me today, I will be happy to assist you. Best wishes, Tariq Sultan

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