Real estate investments & income taxes: Taxes are no fun for anyone, except perhaps accounts, but they are an inevitable part of life. Getting your head around taxes is one thing, but this is especially difficult when the rules constantly change, and it seems like they’re against the taxpayer. However,

What Are the Benefits of a TFSA vs RRSP? When it comes to money management and savings, “TFSA” and “RRSP” are probably two of the most commonly-used acronyms in personal finance today. And sure, many Canadians understand what both of these mean in a vague and fuzzy kind of way.

What You Need to Know About Home Equity Loans. So, you are considering renovating your home. Or, maybe you want to be able to send your child to college or raise capital for your business. Contrary to popular belief, you don’t need to get involved with high-interest credit cards or

In Canada, about 72% of all outstanding residential mortgages are handled by six of the country’s biggest banks: RBC, Scotiabank, TD, BMO, National Bank, and CIBC. Just because these banks are big doesn’t mean you get automatic approval. You can still be turned down for a loan because you don’t fit

Do you want to stop living paycheck to paycheck? Or, stop worrying about running out of spending money before the end of the month? Always scrambling to make ends meet is a stressful way to live. If you’re used to this scenario, life won’t get any easier if you don’t

Mortgage Prepayments vs Increasing Your Monthly Payments? The average new mortgage loan in Canada rose to exceed $300,000 for the first time while consumer debt hit $2 trillion. Yikes. The faster you pay off your mortgage, the less you will pay in interest, reducing your overall loan cost. But is that

Getting a mortgage with bad credit while self-employed is not as difficult as you think. Alternative lenders usually have programs and products that consider these mortgages. The good news is there’s always a solution. We’re going to walk through what you need to do to get approved for a mortgage.