Deductions Most Landlords Don’t Claim But Should

Deductions Most Landlords Don’t Claim But Should

Whether you are a real estate mogul or just getting started with your first rental unit, if you’re receiving money for rent, your silent investor needs his cut paid.  Never heard of this silent investor? We are talking about Canada Revenue Agency (CRA) and they always...
Tips and Tricks for Persistent Drafts

Tips and Tricks for Persistent Drafts

Oh, baby, it’s cold outside… and inside, too, if you’re standing close to a drafty window, door, or mysterious source of outside air. Persistent drafts are funny things. They can be massive pains when the wind blows just right, and almost unnoticeable when it’s still,...
Rental Properties are Passive, right?

Rental Properties are Passive, right?

What’s not to love about earning money in your sleep? That’s the idea behind passive income, which is income you regularly earn without any additional work to maintain it. You put in a certain amount of time or money up front, then let the money roll in while you sit...
FAQs – Residential Leases

FAQs – Residential Leases

Does the lease have to be in writing? In Alberta, you do not need a written resdiential lease. However, a written lease is a good idea because then both the landlord and the tenant are clear on their responsibilities. If there is a dispute at a later date, having a...
Foreclosure Deals

Foreclosure Deals

Buying a rental property can be incredibly exciting and terrifying at the same time, especially if it’s your first rental. For a lot of buyers today, the idea of getting a killer deal is the ultimate goal, one that you may have heard is possible with a bank-foreclosed...
Why do I need a Building Permit?

Why do I need a Building Permit?

Chances are, you have at least heard of building permits even if you haven’t applied for one yourself. Going by their name alone, you can probably guess the general gist of what these permits are used for. You might be surprised to find out that a lot of homeowners...

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