May 2023

If you are buying a home in Ontario, we all have to pay a provincial land transfer tax. Here is a simple formula you can use to calculate it for any property. The land transfer tax formula is 2% of the purchase price minus $3,525.

So let's use this formula to calculate the land transfer tax on a $600,000 home. If you take your purchase price of $600...

Flipping investment real estate in Canada versus flipping it in the US are two completely different mindsets. For various types of real estate properties, including houses, multifamily residences, and commercial buildings, the process involves purchasing, renovating, and selling them for profit in both Canada and the US. 

If you're looking to invest in real estate in 2023, here are the top three things that you need to be doing right now to find a good deal.