is it possible to deduct interest on borrow money to TFSA?
Can I borrow money to invest in TFSA mutual/stock account and deduct the interest in my income tax return?
Jun 12th, 2009 11:46 am
Jun 12th, 2009 11:53 am
Jun 12th, 2009 1:24 pm
Jun 12th, 2009 3:12 pm
Jun 12th, 2009 4:38 pm
Jun 12th, 2009 4:53 pm
Wow - you are going to reduce exposure by dumping monrey int REITs? IN this climate?
Jun 12th, 2009 5:48 pm
commercial REIT's like RIOcan and others will do fine......they held up pretty good in terms of results during the downturn stock took a huggeee beating.....i own it bought more and love the monthly destribution......brunes wrote: ↑Jun 12th, 2009 4:53 pmWow - you are going to reduce exposure by dumping monrey int REITs? IN this climate?
Sure we ar eon the brink of a recovery, but real estate is not going to recover to its previous growth rate for a long time, if ever. The whole market still has way too much inventory. I think 10% for this coming year would be a pipe dream.
Check out the DJ REIT index for the past 12 months - negative 43% http://www.google.ca/finance?q=REIT
Things look pretty much the same for any REIT I look at...
Jun 12th, 2009 9:58 pm