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Tax Deduction in Real Estate Investments

By: Mudit Mehta

Tax Deduction in Real Estate Investments

Tags: Freehold, Homeowner, Real Estate, Homebuyers, Condo, Condominium

  In this write-up, we will discuss the tax implications in Canada when we talk about Real Estate Investments. If we are making our investment as a rental cashflow property, how the rent revenue is treated and the expenses which we incur are viewed to maintain the property. When we decide to buy an investment property, we need to understand what and how are the tax rules impacting us. ...Read More

Steps to Listing a Home Successfully

By: Mudit Mehta

Steps to Listing a Home Successfully

Tags: Freehold, Homeowner, Real Estate, Home Sellers,

       In this write-up, we discuss the most important things to keep in mind when as we prepare ourselves as a Home Seller and before we list a property for sale. These tips will ensure you do a great job in the sale and everything goes smoothly and you get what the property deserves. Selling a home is a project which if planned and executed right can reap the benefits by ...Read More

Home Inspection in Real Estate

By: Mudit Mehta

Home Inspection in Real Estate

Tags: Freehold, Homeowner, Real Estate, Home Sellers, Home Buyers

    In this write-up, we discuss what exactly Home Inspection in Real Estate is, what is generally covered in the inspection process and how critical it is for a new home buyer.   The importance of Home Inspection in the process of buying/selling a home cannot be undermined. A Home Inspector will ensure to verify that the systems and the foundations of the home are free from...Read More

What is RRSP  home buyers Plan?

By: Mudit Mehta

What is RRSP home buyers Plan?

Tags: Freehold, Homeowner, Real Estate, Home Buyers, RRSP

    In this write-up, we will try to get clarity around one excellent instrument for First Time Home Buyers given by Government of Canada. This is Home Buyers Plan.  This excellent program of Home Buyers Plan often gets ignored due to poor planning around first home purchase. If you are a first time home buyer government provides RRSP withdrawal plan (Home Buyers Plan – HBP...Read More

Should I lease or buy Real Estate?

By: Elixir Real Estate Inc

Should I lease or buy Real Estate?

Tags: Freehold, Homeowner, Real Estate, Home Buyers

    In this write-up, we will discuss fundamentally how leasing and buying differ and what we should keep in mind to decide the best options for us. We will objectively try to review the pluses and minuses of both of these. In order for evaluating leasing vs owning we will try to be as objective as possible to answer the question by discussing all arguments on buying vs renting and we...Read More

Concept of Leverge in Real Estate

By: Elixir Real Estate Inc

Concept of Leverge in Real Estate

Tags: Freehold, Homeowner, Real Estate, Home Sellers

    In this write-up, we will discuss the concept of leverage in Real Estate Investments and how Real Estate investments outshine other forms of investments. What does Leverage mean in Real Estate Investments?  The two most important concepts which make Real Estate investments stand out are Leverage and Capital Gains Exemption. Homeownership is often referred to as opening up a ...Read More

Development Charges in Pre-Construction Real Estate

By: Elixir Real Estate Inc

Development Charges in Pre-Construction Real Estate

Tags: Freehold, Homeowner, Real Estate, Homebuyers, Condo, Condominium

  In this write-up, we will discuss the concept of development charges and those specifically in the pre-construction Real Estate both for condos as well as freehold purchases from the builder.When you are looking to buy a high-rise condo, low-rise condo or a freehold property as a pre-construction project or by way of an assignment sale, we hear a term called Development Charges. Developmen...Read More

Real Estate Pricing  For Sellers

By: Elixir Real Estate Inc

Real Estate Pricing For Sellers

Tags: Freehold, Homeowner, Real Estate, Home Sellers

    In this write-up, we will discuss the significant role of pricing in listing a property and how different pricing strategies affect the selling of your Property in the market. For the Sellers, there is a host of items that one needs to take care of to put the home on the market and make it listing-ready. But nothing is more critical than the pricing strategy when you decide to sel...Read More

What is Market Value in Real Estate?

By: Elixir Real Estate Inc

What is Market Value in Real Estate?

Tags: Freehold, Homeowner, Real Estate, Home Sellers

  Market value is what a buyer is willing to pay for Real Estate, and the Seller is willing to accept in exchange of the title of the property without any undue pressure. The last point is that there should be no stress or pre-condition with either of Seller or Buyer, and that is the market value of a property.  The market value is always as-of-date, and it keeps changing with the mark...Read More

Things to Avoid before Mortgage Closes

By: Elixir Real Estate Inc

Things to Avoid before Mortgage Closes

Tags: Mortgage, Homeowner, Real Estate, Home Buyers

    In this writeup,  we will discuss what are the most important things we should keep in mind when we have received a mortgage approval however the mortgage is not closed as yet.    Delay Job Switches - Till the time you have secured the financed and closed on the property its advisable to not do a job switch or become an independent contractor. The lending ...Read More