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Rental property in Canada

Discussion in 'Stocks & Investments' started by maxpower29, Feb 13, 2014.

  1. Feb 13, 2014 at 1:29 PM
    #1
    maxpower29

    maxpower29 [OP] Well-Known Member

    Joined:
    Mar 7, 2011
    Member:
    #52525
    Messages:
    8,014
    Gender:
    Male
    First Name:
    Jordan
    Nova Scotia, Canada
    Vehicle:
    2011 Tacoma 4x4 2.7 5 speed SWB
    All season mats, 2nd filter delete, DT header, Jardine cat-back, URD shifter, Bilstein 5100's all around at .85 front with Eibachs + .25 passenger/.5 drivers spacers and 1.5 AAL, 0w20 synthetic, Scanguage II, extra D rings, OEM backup camera+Mirror, bed mat, Extang Solid Fold, Popnlock 5300, Pro Comp 7089's 4.5bs 285/70/17 Revo 2s, De-badged
    Looking for someone to give me a better idea on how to make the most out of my rental property Im renting right now. Located in Nova Scotia and not sure Im making enough because my first year I knew nothing and just straight up claimed the full rent and paid in on my taxes (didnt really pay in because I dumped a lump sum into RRSP but still). Thanks
     
  2. Apr 8, 2014 at 10:34 AM
    #2
    CanadaToy

    CanadaToy Well-Known Member

    Joined:
    Nov 7, 2013
    Member:
    #116081
    Messages:
    1,683
    Gender:
    Male
    First Name:
    Greg
    Toronto
    Vehicle:
    17 DCSB TRD OR Alpine
    TRD Pro grille & skid, OEM tonneau and roof racks
    Do you have a mortgage on it? Do you get anyone to perform property maintenance?
     

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