August 15, 2022
If you own or are considering purchasing vacant land, you will be glad to know that most of the sales do not require the seller to collect and remit HST to the government. However, there are exceptions to this rule that are worth considering, so it is important to have the right advise before you buy or sell vacant land. This article will cover a few of these situations.
July 18, 2022
Each year in April the powers that be set aside one day to honor Administrative staff around the Globe – Administrators Day. It’s an important day for us at RE/MAX Garden City Realty because our Admin staff are so critical to the efficient running of our operation. And quite frankly they are the best!
July 15, 2022
July 15, 2022
When considering starting a business and incorporating there are several advantages. Owning a business in a simple partnership or sole proprietorship is important for branding and advertising. It is a requirement under the Ontario Business Corporations Act that business owners register their business names if they are advertising to the public. While a partnership or sole proprietorship can be a quick way to get your business off the ground, there are several reasons why incorporation might be the better approach. An incorporated business can exist indefinitely even after the original owner and incorporator have passed. This is because corporations are their own legal entity and do not rely on the person who created it to survive. As owners decease, the corporation can carry on its functions through its appointed Directors and Officers. This opens avenues for estate planning such as dual wills for corporate assets and shares.
June 15, 2022
Two years ago. Spring of 2020. We got together at Club Roma to celebrate the sales successes of 2019 by the men and women of RE/MAX Garden City Realty. It was a gala event. Women in formal gowns, men in tuxedos. Lots of glitz and glamour. COVID had just appeared on the scene. No one at that time was aware of exactly what impact this new Pandemic would have or the time it would run. As it turned out, just one week later public gatherings were reduced in size to the point that a celebration of this type would not have been possible.
June 15, 2022
If there were one and only one principal and practice that I could instill into the hearts and minds of real estate investors, it would be this. Learn to delegate. In fact in my Money Machine Seminars I tell attendees “if you are a plumber for example and have rental properties, when you get a call from a tenant complaining about a tap dripping call a plumber, don’t be the plumber.” Most people don’t get this. They don’t follow that bit of advice. And that fact, more than anything else, is what causes investors to throw in the towel and give up on being a landlord.
June 15, 2022
Mortgage News - Understanding Insurance
