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Recent content by jaccker

  1. J

    Is this deal a 10 or what?

    Just wonder do you get the deal done? QUOTE (JasonEtheridge @ Feb 8 2010, 11:47 AM) Thanks for the feedback Thomas. I ll keep you posted.
  2. J

    real estate lawyer and tax accountant in GTA

    Looking for a qualified real estate lawyer and tax accountant who are specializing on the joint venture business. Thanks!
  3. J

    Hamilton Master Mind Meeting

    I am interested in it. [email protected] QUOTE (manojsingh @ Nov 6 2009, 02:29 AM) Welcome to Hamilton Mastermind Group meeting. Once in a month (2nd Sunday after REIN workshop) Hamilton investor meet at Williams Coffee Pub (7pm), Burlington (403 & Appleby). 90% of the members are REIN...
  4. J

    elevator speech

    thomasbeyer2000, I am interested in your limited partnership investment, is it RRSP elegible? How could I protect my investment? QUOTE (thomasbeyer2000 @ Sep 4 2009, 07:45 PM) I use We double people`s money - for a short elevator ride. Or: We buy apartment buildings in growth markets with...
  5. J

    Tax dilemma, need your advice

    Could you please tell me what is the way everyone deal with this situation? QUOTE (luckyluciano @ Sep 9 2009, 09:48 PM) Be wise & do what everyone else does, number 3!
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    Tax dilemma, need your advice

    Cool, that`s sounds quite clear to me now. The information is very useful. It is a pleasure to learn staff here everyday. QUOTE (JimWhitelaw @ Sep 9 2009, 03:47 PM) More info from CRA website: http://www.cra-arc.gc.ca/E/pub/tg/t4036/t4...ml#P1764_102360
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    Tax dilemma, need your advice

    Thanks, Jim. I think I read in this forum that if you rent out part of your principal residence property, you have to pay that portion of capital gain tax if you sell the property in the future. Can anyone clear it for me? QUOTE (JimWhitelaw @ Sep 9 2009, 03:22 PM) I`m not an accountant and...
  8. J

    Tax dilemma, need your advice

    I first give a short describe of my situation. My wife and I bought a property several years ago as my principal residence. I bought the property around 620k and spent 60k for the renovation. The current value is around 800k and I will sell it a few year later(5-7 year). I expect around 300K...
  9. J

    how to deal with the talent

    Yes, it is in sales contract. But there is no length of time I have to keep the talent. However, after I become the new owner, should I have the right to evict him? QUOTE (jwilbrin @ Jun 11 2009, 10:43 AM) Was this a condition that was included in the sale contract? Did the seller specify a...
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    how to deal with the talent

    Thanks, greg. If I evict him to allow my family members to live in, how long does it take to get him out? 60 days? 90 days? QUOTE (invst4profit @ Jun 11 2009, 09:56 AM) http://www.ltb.gov.on.ca/en/index.html It is highly advisable in Ontario that LLs learn and understand all of the RTA...
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    how to deal with the talent

    So my family will move in is a better excuse for me to evict him than renovation, right? QUOTE (RandyDalton @ Jun 11 2009, 09:48 AM) You can evict him based on renos however you have to give 90 days notice and give him first right of refusal if he desires to return after the renos are complete...
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    how to deal with the talent

    Hey, I have a question here. Recently I bought a Triplex in DT Toronto. To get the offer, I have to keep the tenant on the third floor, no choice at that time (per seller`s request). The tenant is on the month to month basis. Now We`d like to get the whole house empty so that we could do a total...
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    case analysis help needed---downtown Toronto

    Thanks, Terri. I agree with your points here. I will do the home inspection tomorrow. I will keep updating here. QUOTE (terri @ May 15 2009, 03:30 PM) why would you say that toronto has bad tenants? Toronto can be a great place to invest if you do it right. I have the greatest tenants, they are...
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    case analysis help needed---downtown Toronto

    Thanks,Terri! I`d like to join your guys to have fun together! QUOTE (terri @ May 14 2009, 01:01 PM) Hey Weena, when are we getting together for coffee? maybe we should do a bigger group thing with others that invest in the downtown TO market? Jackker-- I used to go to city hall, there is...
  15. J

    case analysis help needed---downtown Toronto

    Thanks, I will contact him. QUOTE (JoefromTO @ May 13 2009, 09:09 PM) I posted one here http://www.myreinspace.com/forums/index.ph...ic=11651&hl=
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