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RRSP and TFSA 101
RRSP (Registered Retirement Savings Plan) You must have “earned income” to contribute to an RRSP. To start building RRSP contribution room, you have to file an income tax return — even if you don’t owe any tax. Your notice of assessment will tell...
BRRR Real Estate Strategy – Part 2
We recently shared Part 1 to our blog series on the BRRR Real Estate Strategy. In this second and final part we review the additional parts of the strategy including renovating a property, renting out your property, and refinancing. Renovate the...
BRRR Real Estate Strategy – Part 1
There are dozens of different strategies individuals can take when acquiring rental properties. A great system or strategy is called the BRRR method. This acronym stands for Buy, Renovate, Rent, Refinance, and Repeat. This strategy can be an...