by Samantha Prasad | Sep 11, 2020 | Featured, Legal Issues
From what I have read, the demand for cottage properties has soared during COVID-19. City folk are eager to get out of the city for a change of scenery, especially since many people are still working from home. So the idea of having your laptop set up on the dock of...
by David J Rotfleisch | Jul 10, 2020 | Columnists, Featured, Legal Issues
On June 25, Canada Revenue Agency (CRA) announced that it would carry out a tax review of six years of U.S. real estate transactions in order to find any tax non-compliance from Canadian taxpayers. CRA is looking for “real estate and property data in bulk form, in...
by Myles Shane | Oct 28, 2019 | Advice for Agents, Featured
In 2019, Canada Revenue Agency (CRA) assessed a 65-per-cent year-over-year increase in gross taxes related to real estate – some $171 million. Penalties totalled more than $57 million, which is more than double the year prior. Recently REM spoke to Mariska Loeppky,...
by REM Editorial Team | Aug 26, 2019 | Boards & Associations
A survey commissioned by the Ontario Real Estate Association (OREA) says Ontarians believe their municipal governments could be much more efficient with use of their funding, with about 70 per cent agreeing that a lot more could be done to find savings and control...
by James Thomas | Jun 21, 2019 | News
When you’re responsible for your own bottom line as a salesperson or broker, you know it’s important to be organized – especially when it comes to expenses. Lots of little costs add up: a cup of coffee here, a taxi ride there. It’s a lot to juggle. Before you know it,...