Canada's decision to increase the capital gains inclusion rate from 50% to 66.7% for gains over $250,000 has significant implications for real estate investors. This change affects how investment property profits are taxed and may influence your investment strategies and timing decisions. Understanding the New Capital Gains Rules The federal government increased the capital gains…
House hacking involves purchasing a property, living in part of it, and renting out the remaining space to help cover your mortgage payments. This strategy allows Canadians to enter real estate investing while reducing their housing costs and building equity in their primary residence. Common House Hacking Approaches in Canada The most straightforward house hacking…
Buying an investment property requires different financing considerations than purchasing your primary residence. Lenders view rental properties as higher-risk investments, which means stricter qualification requirements and different loan terms. Down Payment and Equity Requirements Investment properties require a minimum 20% down payment in Canada, and many lenders prefer to see 25% or more. This higher…