Marshes_Landowner's guide

Marshes are shallow-water areas that sustain water-loving plants such as cattail, sedge, arrowhead, bulrush, water lily, and pondweed. Marshes found in Michigan include wet meadows with grasses and sedges, potholes with cattails, and shallow vegetation zones along Great Lakes shorelines. While  marshes are generally covered by standing or slow-moving water, certain marshes dry out late in the growing season or during dry years. This fluctuating water level is part of the natural process, which increases plant and habitat diversity, and productivity of the marsh.

How to start a Christian Retreat Centre

Instructions

1. Visit Christian retreat centers that are already prospering. Consider visiting several in your area and in other places around the country. When you visit retreat centers in other states, talk with the owners and managers about why they believe their centers are so successful. As long as the retreat center owners do not see you as direct competition, they will likely be willing to share best practices, trends and successful marketing strategies.
   

Rental properties

Home » Tax planning guide » Section 3 – Investors » Rental properties

If you owned a rental property in 2015, any net income or loss must be reported on your 2015 income tax return. Rental income is usually reported on a calendar-year basis. Any income or loss from a rental property you own outside of Canada must also be included in your return.

Tips for Maximizing Repair Deductions (Tax)

As far as taxes go, repairs to rental property are always better than improvements. Why? The entire cost of a repair is deductible in a single year, while the cost of an improvement to rental property may have to be depreciated over as much as 27.5 years.

How do you tell the difference between a repair and an improvement? Here’s the basic rule from the IRS: An expense is for an improvement if it:

• makes a long-term asset much better then it was before
• restores it to operating condition, or
• adapts it to a new use.

In contrast, expenses you incur that don't result in a betterment, restoration, or adaptation are currently deductible repairs.

Here are some tips to help you ensure that an expense will constitute a repair, not an improvement.

What Expenses Can You Claim on A Rental Property?

12 September 2012

Previously, I wrote about the two types of expenses you can claim on a rental property, current and capital expenses, and how to tell which is which.
Now it’s time to get down to the nitty gritty and take a look at some of the specific rental property expenses you can and can’t deduct from your income tax. Today: capital expenses.
Capital Expenses You Can Deduct
These, as previously discussed, are expenses that you deduct the cost of over a period of years according to the Capital Cost Allowance Rules  (T4036  – Rental Income).
Capital costs associated with buying your rental property can be deducted, such as:

• the purchase price of rental property; and
• legal fees and other costs connected with buying the property.

Calgary Rental Property Investment

Why invest?

1. Oil market is getting hot.

2. People move from other province because the jobs.

3. The tallest building in Calgary, Bow Tower (58 floors) has been finished.

Where to invest?

Most of offices are located at downtown area, and busy traffic make people have to consider about coming work by walking, C-Train, and Bus.

RESP_Regirstered Education Saving Plan

How does the Canada Education Savings Grant (CESG) work?
If you save money in an RESP, the government will add to your savings through the CESG program. In most cases, the person who sells you the savings plan will take care of applying for you. Here are some questions you should ask:

How much money can I get?