Selling a condo? Beware the taxman

 Mark Weisleder, Toronto Star August 4, 2012 When you sell a property that isn’t your principal residence and make a profit, half of the amount is taxable. This is the so-called capital gains tax and it’s pretty straight forward, but every situation is different. It all depends on how the Canada Revenue Agency views the Read More…

Carling Township Residents Can’t Rent Waterfront Homes

Sarah Bissonette, CottageCountryNow.ca August 2, 2012 CARLING TWP. – Danny and Pam Strelec were surprised to learn that they aren’t allowed to rent out their Georgian Bay home this summer. In fact, nobody in Carling Township can rent out their waterfront properties. The enforcement of the long-standing bylaw comes on the heels of a June Read More…

What is the MLS?

Vancouver Sun April 1, 2010 1:17 AM Realtors compete with each other for your business, but at the same time cooperate to help you buy or sell property. That unique concept of cooperating while competing lead to creation of the Multiple Listing Service (MLS) in 1950 by the Real Estate Board of Greater Vancouver. The Read More…

Scam cost Moncton Homeowners a Bundle

Mark Weisleder, Toronto Star June 23, 2012 Naomi and Jordan Bannister put their home up for sale in Moncton, N.B. this spring and in late April a woman made an offer for the $229,000 asking price and agreed to paid separately for the appliances. She gave the Bannisters her lawyer’s name and the name of Read More…