Thiru Nirahulan's blog

Property Taxes and Real Estate Taxes in Canada

Selling a property in a buyer's market can be challenging, but with the right strategies, you can increase your chances of a successful sale. Here are ten tips to help you navigate a buyer's market:

1. Price it right: Set a realistic and competitive asking price for your property. Research recent sales and consult with a real estate agent to determine an appropriate price that aligns with market conditions.

Closing costs are the fees and expenses associated with the purchase of a home. While the specific costs can vary depending on factors such as the location of the property and the terms of the mortgage, here are some common expenses typically included in closing costs:

Whether a short-term mortgage is the way to go depends on your specific financial situation and goals. Here are some factors to consider when deciding on the term of your mortgage:

Affordability when inheriting a family cottage in Canada depends on various factors, including your financial situation, the value of the cottage, ongoing expenses, and any outstanding debts or taxes associated with the property. Here are some key considerations:

Adding a laneway home to your property can offer several benefits. Here are some advantages of incorporating a laneway home:

1. Additional rental income: One of the primary benefits of adding a laneway home is the potential for generating rental income. You can rent out the laneway home to tenants, providing a steady stream of additional revenue that can help offset mortgage payments or supplement your income.

Creating your own space in a shared place can be important for your well-being and personal comfort. Here are some suggestions on how to do so:

Making money in real estate can be achieved through various strategies. Here are some common ways to generate income in the real estate industry:

In recent years, Vancouver has faced a severe shortage of rental properties, and the lack of supply was driving up rental prices to unprecedented heights. The Empty Homes Tax was created to counter the problem with rental housing in the city of Vancouver.

If you want to make the most of the space available in your home, here are some tips to help you get smarter with your space utilization: