Plan Your Escape

If you are frowning and thinking to yourself, "Of course my mortgage interest is tax-deductible!" then you are likely a visitor from the United States. If you are frowning and thinking to yourself, "Of course my mortgage interest isn't tax-deductible!" then you are probably a Canadian. Our neighbours to the south have been enjoying a tax break on their mortgage interest for some time now. Although, as a Canadian, your home's mortgage interest is not normally tax-deductible, there is a technique that can make all or part of your mortgage interest expenses tax free.  ... read more of this story»

It is often said, "Don't wait to buy real estate; buy real estate and wait!" Although these words might not ring true today in the midst of a housing market correction, having a portion of your investments in real estate can be an important way to further diversify your portfolio. So, does that mean you need to save for a down payment, get a mortgage, buy a house and then maintain it? Nope! Real estate investing can be a lot easier than that. Let's see how!  ... read more of this story»

One of the key characteristics of simplified living is knowing what is enough. Enough possessions, enough money, enough everything. Today I'm going to go over some of the benefits of keeping your house size at the 'enough' level.  ... read more of this story»