Co-Founder - Red Wolf Intelligence Founder of Team Anbu Community Mentor Tax Aficionado Real Estate & Dividends Hoarder Income Streamer Successful Exits: 1
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Joined April 2010
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LOL! 7.8%!
Do they realize how few canadians have 78,000+ dollars to afford this tax hike?
Its going to be CATASTROOOOOOOOOOPHIC!
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She looks mid 30s, dressed like shes going to a street corner, not a date. Hard pass.
Feminists will eventually learn we find this more appealing than that.
Per Treasury Direct:
As for Upside, if you have a Mortgage, you dont have an Upside.
Between repairs, taxes, and double to triple the purchase price due to interest servicing, you simply exit, or take a loss in more cases than not over 20-30 years.
Sure the argument is write offs for interest and depreciation even repairs expenses, but a loss is a loss, how its written is irrelevant.
End of the day I still have less bananas.
Real Estate is a way to convert cash to stored wealth that appreciates with inflation, but otherwise is a measure of cashflow preservation with a modest dividend.
