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  1. Simondial

    New build on existing property

    I am living on a 75 x 75 corner lot near the U of A in Edmonton. I am considering building a second house on the lot. The existing property is just under 2000sq ft so the new property would likely have to be a "skinny" house. One potential snag is that I don't have a back alley and I don't...
  2. Simondial

    First Tax season as a Landlord

    It is my first Tax season as a landlord and Property owner. I bought my first property this year. It is divided into three units, one per floor. I live in the basement unit and rent out the other two. I spent a couple of months and a few thousand dollars renovating the basement and have kept my...
  3. Simondial

    Accountant Recommendations.

    Hi I just recently became a landlord for the first time and would like to use an accountant. I previously filed my own income tax returns but don't want to take any chances with the extra income and write off's etc.
  4. Simondial

    Help with tenants

    Hi I just purchased my first rental property a month ago. It is a triplex and I am living in one of the suites. I have assumed the leases of the sitting tenants and the lease is up at the end of August. The tenants in one of the suites have decided that they want to move out at the end of...
  5. Simondial

    Thoughts on these two areas in Edmonton.

    I am considering buying live-in rental properties in Bonnie Doon and in Allendale. I'm wondering which area would be preferable both in terms of a rental investment and as a place to live. Any advice is welcome. Thanks.
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