Rental Discussions, Offers & Promotions

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  • Pros and cons for Incorporating rental property(s)

    I came across the concept of putting your rental property(s) under an incorporation and want to seek advice from the gurus here on what the pros and cons are other than the tax implication (income tax towards personal tax vs corporation tax)? ...

    • Resodo
    • Jan 21st, 2022 9:38 am
    • Forum: Real Estate

  • Need advice on situation - rental hot water tank on property that seller misrepresented & declared as owned equipment

    ... into a house recently. Seller had declared Hot Water Tank (HWT) as fully owned on the purchase agreement; turns out it is not, as charge for HWT rental on my 1st Enbridge bill. Two weeks ago, I reached out to my lawyer, who contacted the vendor's lawyer, who made unsuccessful attempts to contact ...

    • kulb
    • Jan 19th, 2022 9:49 pm
    • Forum: Real Estate

  • First time buyer - Rental

    Hi!I am planning to buy a house with 7.5% down payment being a first time buyer.Is it possible for me to buy the property but rent it out and I’d continue to stay in a rental myself?

    • R0n1608
    • Jan 15th, 2022 2:21 pm
    • Forum: Real Estate

  • 35% minimum downpayment on rental properties as per CMHC?

    Wasnt sure if this was posted, looks like cmhc is contemplating increasing the downpayment to 35% to discourage investors to buy? and restricting sources of fund? https://financialpost.com/real-estate/mortgages/cmhc-to-review-down-payments-on-investment-properties-as-part-of-federal-strategy-to-tack...

    • masarwar
    • Jan 14th, 2022 12:27 pm
    • Forum: Real Estate

  • Condo rental demand

    My friend leased his 2 bed 1 garage condo in downtown Toronto (Brant and Adelaide). He had 20 showings with 1 weak, 2 strong and 1 very strong application. It rented for $3150 in 3 days.Is that standard for Toronto downtown king west?

    • Abacus1010
    • Jan 13th, 2022 2:36 am
    • Forum: Real Estate

  • Montreal - How to get max mortgage for owner occupied rental property?

    ... I'm interested in buying a property in Laval, QC worth $820,000 with 20% down and 30 year amortization. The property is Triplex and will generate rental income about ~$1800/m. Acc to my mortgage broker, not all banks consider rental income except Desjardins and I am pre-approved for $790k which ...

    • Hsharpreet
    • Jan 9th, 2022 1:47 pm
    • Forum: Real Estate

  • Converting Principal Home into Rental

    I am converting Principal condo into a rental and did get a property evaluation done What else donI need to do? Tried looking at CRA website to see of there are any forms to be filled.....got confused, hence looking for advise here :-) This ...

    • watul
    • Dec 14th, 2021 7:46 am
    • Forum: Real Estate

  • Why rental price in Toronto are so dirty cheap compared to other international metropolitans?

    Just realized that our rent is only half of London and New York, while the evil government still tries to control the rent. The rent is too low in Toronto for real estate industry to grow. I am wondering if there is any legal way to permanent remove LTB. LTB is now a major bottleneck for Canadian re...

  • Equipment rental to homeowners.

    ... are damaged because of improper use? Also ways to protect myself from theft of said device and what documentation should be collected at time of rental? Can I put a hold on a card for the value of the device and how it would be done with paypal or square? Any other relevant information relating ...

    • python01
    • Dec 6th, 2021 3:02 pm
    • Forum: Entrepreneurship & Small Business

  • HST due on purchase price of a property used as a AirBnB rental

    Can anyone share their experience buying or selling a property that was used for short-term rentals? I'm looking at a 16 year old property that has been a short-term rental. I want to purchase it as a primary residence. I think the sellers are a foreign US based group. ...

    • BBucKK
    • Nov 23rd, 2021 8:21 pm
    • Forum: Real Estate

  • [Google Movies] [ Back again ] Rental of the James Bond movie No Time To Die for $7.99

    ... Looks like it's dead again - post about it not working. Google seems to be messing around. UPDATE: Friday Nov. 19, 2021 1pm * It's back at $7.99 rental now... Just noticed that the movie No Time To Die is available to rent for $7.99 on Google Movies. Works for me since I'm using Google Rewards ...

    • deals46
    • Nov 16th, 2021 8:18 am
    • Forum: Hot Deals

  • Cineplex Rental Code

    I’ve got three unused Cineplex digital rental codes (Cineplex online store) that I received as part of the Hersheys Sweet Escape promotion earlier this year. Haven’t gotten around to using them and they are good up to November 15th. Codes must ...

    • LetsgoRaps
    • Nov 10th, 2021 7:14 pm
    • Forum: Expired Freebies

  • Bait and Switch Rental companies

    Tiffany MacDonald wasn't expecting luxury when she moved her eldest son into an apartment in Vancouver's West End as he began his first year of college, but she did expect him to live in the home he'd seen in an online listing. The Haro Street apartment, managed by Plan A Real Estate Services , was ...

    • berrytree
    • Nov 9th, 2021 1:09 pm
    • Forum: Real Estate

  • Rental Agent Specializing in Cityplace

    Hello there, I am looking for a rental agent who specializes in Cityplace. Please reply to this thread or inbox me directly if you’re interested in helping me rent out a one bedroom/one bathroom condo in the area.Thank you!

    • Yiorgaks
    • Nov 7th, 2021 7:33 pm
    • Forum: Real Estate

  • Looking to refinance rental place, how to deal with mortgage interest for tax return.

    Hey guys, I am looking to refinance my old place which is currently being rented out, to take out some cheaper loan. My concern is the mortgage interest when it comes to tax return season. I think I can calculate based on the old mortgage mount and new mortgage mount, as well as the new interest. Is...

    • renhui
    • Nov 4th, 2021 11:09 pm
    • Forum: Real Estate

  • Costco Travel rental cars don't seem to be a discount anymore

    A few years ago whenever I would book a rental car I would usually start at Costco and find an inexpensive rental compared to going straight through rental companies it was always a better price. after covid rates have been ridiculous through Costco compared to booking through others.

    • shipill
    • Nov 2nd, 2021 1:09 am
    • Forum: Travel

  • [Once] 2021/11/16 Napa Valley - Fall For Napa Giveaway - No Airfare, No Gas Money Or Rental -

    https://www.napavalley.com/blog/fall-for-napa-giveaway/ GRAND PRIZE Two-night resort stay in Napa Valley for you and a guest, with a resort credit to use on the activities of your choosing, plus a four-course wine and food experience. Peju Winery: Private Wine and Dine Experience for Two Silverado R...

    • stinastr
    • Oct 30th, 2021 7:44 pm
    • Forum: Expired Contests

  • Boiler Rental with Enercare

    ... which has a boiler being rented by Enercare. This boiler provides hot water for the taps and also for heat. The boiler is 20 years old and the rental is $75/month. There is only a $25 cancellation fee as the boiler is more than 15 years old. As the boiler is quite old and at the end of its ...

    • Imperatvs
    • Oct 25th, 2021 8:23 pm
    • Forum: Home & Garden

  • How is the rental and airbnb market now?

    Saw a many bedrooms big old house. as a single, obviously I will have to rent out part of the house(like remodel it to have the first floor rent it. and a separated entrance for the second floor) or do airbnb. Is it doable? like how hard is it to rent out or do airbnb?

    • 1000islands
    • Oct 23rd, 2021 10:05 pm
    • Forum: Real Estate

  • Mortgage Penalty for rental

    I am refinancing my rental property, where the penalty for breaking the original fixed mortgage is split: 50% will be paid out of my bank account and 50% will be added to my outstanding principle amount. Given it is the income property, ...

    • lenamir
    • Oct 20th, 2021 8:48 pm
    • Forum: Real Estate

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