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In this write-up, I will try to go through the basics of Revenue properties and what we should keep in mind when trying to make a decision and before signing on the dotted line.
When a property exchanges hands in Ontario, Land Transfer Tax is paid to the government at the time to title registration or transfer of deed in the new buyer's name. In this write-up, we will explore and try to make it clear for buyers how that calculation is done with an example.
Below are the rate slabs used in the calculation of Land Transfer Tax in Ontario:
Ontario Land Transfer Tax - Calculation Slabs
What does Leverage mean in Real Estate Investments? In this article, I will try to highlight the two most important concepts which make Real Estate investments stand out: Leverage and Capital Gains Exemption.
Selling a home is a project which if planned and executed right can reap the due benefits by allowing us to sell the property in less amount of time and at a reasonable price.
In this article we will try to understand the Closing Costs associated with a Real Estate Transaction, often buyers especially the first time home buyers have questions around how these work and what they can put aside to ensure they are prepared.
Working in Real Estate industry this scenario comes more often for move-up and move-over buyers, the dilemma whether to sell or buy first. In this article, I will try to explain the possible solutions and the ideal way to approach this. We will also discuss various markets and how this should be tackled.
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