Robert J. Morrow is a real estate agent with Chase Realty Inc., Brokerage, located in Hamilton, Ontario. He specializes in First Time Home Buyers, Student Home Investors, Second Suite Investors, and Downsizing Zoomers.
His real estate website is www.emailhomes.ca where you can view over 100 brief videos about various aspects of real estate buying and selling.
These are the new rules implemented by Bill Morneau and Justin Trudeau in the last couple of years. When they first introduced these rules to the public, there was a huge outcry from the small business community.
They had since made some amendments and now these new tax rules are in effect.
Each month, Venture Investment Properties holds a house tour in one of our investor cities. On Sept 28th, we were in Hamilton. The group is getting larger each time and is a great way for newcomers and veteran investors alike to introduce themselves to the marketplace without any pressure from agents, etc.
Often you find the house you want right then during the tour, as happened on this tour when one couple put in an offer that night!