Looking for a Real Estate Lawyer
Hi, I'm looking for a Real Estate Lawyer for closing on a condo that was purchased. Just wondering what the usual cost would be for a 2 bedroom condo? Thanks.
Dec 20th, 2019 12:38 pm
Dec 20th, 2019 1:26 pm
Please put in your location.
Dec 20th, 2019 3:48 pm
Mississauga!CdnRealEstateGuy wrote: ↑ Please put in your location.
Dec 20th, 2019 4:02 pm
Dec 21st, 2019 10:26 am
Dec 21st, 2019 10:36 am
Dec 21st, 2019 10:40 am
Disbursements , courier costs , partial taxes and partial maintenance fees , status certificate review , title insurance , legal fees , mortgage interest etc I would say be prepared for 2000 totalGaryR28626 wrote: ↑We used Feld Kalia professional lawyers - They are located at 72 Berkeley st, Toronto.
They are knowledgeable on downtown condos and helped lot of clients on condo closing.
Dec 21st, 2019 10:43 am
Dec 21st, 2019 12:27 pm
You can add lawyer fees to the ACB of the rental property. You won’t be able to deduct the full amount the first year, but at a declining depreciation rate. (2% first year, 4% every year thereafter etc...)GaryR28626 wrote: ↑Yup, paid around 1850$.
Btw if the condo is investment (rental) , can we deduct lawyers fees in our taxes? Anyone knows?
Dec 21st, 2019 12:34 pm
oasis100 wrote: ↑I have had quite a few of my clients use these guys.
www.realestatelawyers.ca
I have no affiliation and have nothing to gain.
GaryR28626 wrote: ↑We used Feld Kalia professional lawyers - They are located at 72 Berkeley st, Toronto.
They are knowledgeable on downtown condos and helped lot of clients on condo closing.
GaryR28626 wrote: ↑Yup, paid around 1850$.
Btw if the condo is investment (rental) , can we deduct lawyers fees in our taxes? Anyone knows?
Thanks guys!
Dec 21st, 2019 12:35 pm
ALso recommend Feld KaliaGaryR28626 wrote: ↑ We used Feld Kalia professional lawyers - They are located at 72 Berkeley st, Toronto.
They are knowledgeable on downtown condos and helped lot of clients on condo closing.
Dec 21st, 2019 1:24 pm
Dec 21st, 2019 3:01 pm
I didn't know they did RE closings, they were good for wills last i went in 2016.
Dec 23rd, 2019 3:04 pm
Most of my clients who have used them, say their service is horrible. But yes, they are cheap.
Dec 23rd, 2019 5:09 pm