Hello Everyone
For those of you who prefer to invest in Real Estate over RRSP`s and have taxable income less than $36,000 for 2007- you may consider cashing your RRSP`s in prior to December 31 to bring your taxable income to $36,000 to stay in the low bracket. Make sure they are not spousal RRSP`s AND consult your accountant prior to doing this.
For those of you who prefer to invest in Real Estate over RRSP`s and have taxable income less than $36,000 for 2007- you may consider cashing your RRSP`s in prior to December 31 to bring your taxable income to $36,000 to stay in the low bracket. Make sure they are not spousal RRSP`s AND consult your accountant prior to doing this.