Tuesday, December 31, 2013
Sunday, November 24, 2013
What Expenses Can You Claim on A Rental Property?
12 September 2012
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.
Tuesday, October 29, 2013
How to get the best deal on an all inclusive package
2011-22-February
When it comes to all inclusive vacations, this is the question most people want the answer to: 'When should I book to get the best deal?'To clarify, 'all inclusive' in this case refers to a package with flight, hotel, food, and drinks and 99% of the time it's to Cuba, Mexico, or the Dominican, AKA the Big 3 of all inclusive traveling. Some people like to throw around the term 'all inclusive' when referring to a flight and hotel (only) package to Vegas or Hawaii or other destinations. To most people though (at least in Canada), the term all inclusive involves food and drinks.
I think it's important to understand exactly what your options are when looking for an all inclusive package. It may seem like there's an overwhelming variety of places to search and scour, but in reality there's really only 2 worlds of prices available to us Canadians.
World #1 - The Canadian Tour Operators(ie: Sunwing, Transat Holidays, Nolitours, WestjetVacations, etc)
If you've ever searched for an all inclusive vacation on a Canadian based site like RedTag, SellOffVacations, ITravel2000, Escapes, FlightCentre, or FlightNetwork you were searching for prices from the Canadian tour operators. To save my fingers from some typing, I'm going to refer to them as the CTO's from this point on.
Friday, October 25, 2013
Wednesday, October 16, 2013
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