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Product Description
Product Description
From Canada's best-selling real esate author, Don R. Campbell, and his team.
From rental properties to business offices, more and more Canadians buying real estate are unwittingly setting themselves up for problems. Real estate investments and their corresponding tax policies are complicated--without knowing the tax rules, investors will see how quickly seemingly viable investments can become financial disasters. 81 Financial and Tax Tips for the Canadian Real Estate Investor offers practical advice on successfully navigating the tax implications of property ownership, including tips on a) deductions from income; b) preparing for an audit; and c) leveraging professional help. Filled with insights and Canadian-specific tips, there's no other book like it on the market.
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Most helpful customer reviews
6 of 7 people found the following review helpful
2.0 out of 5 stars
Has some good tips, but waste of time overall.,
This review is from: 81 Financial and Tax Tips for the Canadian Real Estate Investor: Expert Money-Saving Advice on Accounting and Tax Planning (Hardcover)
You shouldn't be in the real estate investment business if you don't know that you need a "Hire a qualified accountant" or "File and pay your taxes on time" or "Know your tax deadlines" (that's 3 tips out of 81). You should know these things even if you are just starting into the business.The book has some good tips though, but I don't think it's worth the time and money.
2 of 3 people found the following review helpful
4.0 out of 5 stars
THE go-to book,
This review is from: 81 Financial and Tax Tips for the Canadian Real Estate Investor: Expert Money-Saving Advice on Accounting and Tax Planning (Hardcover)
Bookkeeping and accounting is one area of my Real Estate Investing business I'm challenged with. I delegate my regular input to a bookkeeper, but still want to know what is going on. This book is a constant "go-to" for me with ideas and 'reminders' about that area of my business.Without it, I would not have been able to set up my bookkeeping and paperwork flow, filing and storage systems to be as efficient as they are. That alone is worth every penny this book costs. I've been in business for over two decades and my earlier businesses failed for many reasons, one being financial ignorance - this book will help you avoid that pitfall ...
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