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For Canadian residents, the process for reporting income on the sale of a property is quite simple. You report the capital gain or business income on your T1 personal tax return.For non-residents, it’s a little more complex – the reason being that the Canadian government doesn’t want to chase after a non-resident to pay taxes. […]

Updated: June 23rd 2026 The Residential Tenancies Act, 2006 (RTA) is the law that governs virtually every aspect of residential renting in Ontario — your obligations as a landlord, your tenants’ rights, how rent increases work, how evictions are handled, and what the Landlord and Tenant Board can order against either party. Most Ontario landlords […]

Updated: August 4th, 2026 The move-out inspection is the moment where the financial consequences of a tenancy are finally tallied. For landlords who conducted a thorough move-in inspection, maintained the property consistently, and documented everything along the way, the move-out is a confirmation of what was expected. For landlords who skipped the move-in inspection, deferred […]

Updated: August 5th, 2026 When Ontario landlords search for property management services, they typically start with the phrase “property management” – without realizing that this umbrella term covers meaningfully different services depending on what they actually own. A condo unit investor in a North York high-rise and a freehold house landlord in Brampton have fundamentally […]

Are you a landlord in the transitional period between leases? Have your previous tenants moved out and now you’re preparing the property for the next tenant?  Here is a list of items to help guide you through a smooth transition and welcome your new tenants on a positive note.  1. Conduct a Thorough Inspection Before […]

Moving into a new home is an exciting milestone, but it also comes with a long list of tasks to ensure a smooth transition. Whether you’re a homeowner or renting, having a well-organized post-move checklist can help you settle in quickly and efficiently. This guide covers everything from inspecting your new space to getting to […]

Investing in Canadian rental property can be a smart path to long-term financial security. But are you squeezing every last drop of potential profit from your investment? Many investors focus on rent collection, tenant wrangling, and routine maintenance, perhaps missing a key component: depreciation. Think of depreciation as your silent partner, subtly boosting your bottom […]

Managing a rental property in another city, province, or even country comes with one major challenge: how do you attract quality tenants without being physically present? Remote listings often compete with local landlords who can meet tenants face-to-face, conduct in-person tours, and handle move-ins directly. To stay competitive, you need a strategy that combines digital […]

Landlords and tenants across Ontario are talking about Bill 60 — but what does it really mean? In simple terms, Bill 60 restructures how rental housing is governed, updated, and enforced across the province. This legislative reform aims to address the evolving needs of the Ontario rental market by providing clearer guidelines, stronger protections, and […]

If you’ve financed a home in Canada, you already know the routine: submit your T4s, pull your NOAs, hand over a credit report, and wait a few weeks for approval. That process works because residential lenders are underwriting you – your income, your employment history, your debt ratios. When you walk into a commercial mortgage […]

Your tenant’s lease expired at midnight. This morning, they’re still open for business. No signed renewal, no moving truck, and a rent cheque for the same amount as last month waiting to be deposited. What you do with that check over the next few days can decide whether you collect a holdover premium, whether you […]

It’s sometimes challenging to find a property manager who will take care of your property’s management professionally and responsibly. Hiring the right property management firm is crucial for your overall financial situation as well as your mental well-being. Imagine how much money you will lose when you hire a property manager who doesn’t have the […]