Real Estate

Peter's picture

Is Your Mortgage Interest Tax-Deductible?

Asset Swap: At the end of the day, you have a mortgage and an investment portfolio, only now, your mortgage interest is tax-deductible.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»

Peter's picture

Getting Into Real Estate Without A Down Payment Or A Mortgage

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»

Peter's picture

8 Reasons Why Small Houses Are Better Than Big Ones

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»

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