Do you take advantage of all the deductions available to you as a B.C. landlord? When you own a rental property, you are legally obligated to report all rental revenue on the Statement of Real Estate Rentals schedule on your personal tax return. Thankfully, you are also able to deduct a number of landlord expenses from your gross rental revenue and then pay tax only on the amount remaining. To ...
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Basic maintenance and making some simple improvements before listing your house for rent (or sale) is key to reducing future maintenance costs, recouping your investment, and staying profitable. In addition, you’ll attract more desirable tenants committed to treating your property respectfully. The amount of time and money you have to invest in getting a unit ready to rent depends on the rental market and the condition of the unit. In a ...
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There comes a time when life beyond campus calls. Typically, it is sophomore year. You've turned 19 and life off campus needs to be explored! As exciting as this time is, it can also be daunting. Saying good bye to tired res food is one thing, but fending for your own meals, finding and furnishing an apartment is quite another. The first decision to be made, is where to live. Below ...
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This month we take a look at the state of the rental market in Greater Vancouver based on April's figures. Below is a breakdown of this month's Vancouver rental stats. Vancouver Renter Stats - Demographics In April 2019, again more women were actively seeking a rental property than men – 55% and 45 respectively, as was the case in March. And the large majority of rental seekers – 44% – fall into ...
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Vancouver's Enzo Design Build is a one-stop renovation, interior design, staging and construction management services company renowned for its quality, diverse skills and exemplary customer service. We took the time to talk to owner and head Project Manager, Meysam Pourkaram, for his insights and advice on renovations, specifically, what you need to know before embarking on a renovation project. Why should you renovate your rental property? 1. More Rental Revenue & Better ...
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Vancouver's Vantastic VA is a one-stop relocation service helping people relocate to Vancouver from all over the world. We collaborated with Vantastic to share some key insights, tips and tricks to help newcomers establish themselves in our fair city. This post deals with the logistics of moving to Vancouver. The Paperwork If moving from outside Canada, the first thing you need to do is get a SIN card. This allows you ...
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As housing prices in Canada’s biggest cities continue to rise and availability of suitable options is limited, more and more people are considering alternative living arrangements. Once roommates were the domain of skint college students but this is not the new reality. Many are considering the value of sharing a living space - or co-living- and not just singletons. Couples and even families realize there are advantages beyond the obvious ...
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Vancouver's Enzo Design Build is a one-stop renovation, interior design, staging and construction management services company renowned for its quality, diverse skills and exemplary customer service. We took the time to talk to owner and head Project Manager, Meysam Pourkaram, and ask, based on his extensive experience, which renovations are most likely to boost rental revenue. If you could only renovate a kitchen or a bathroom, which would you choose? First I'd ...
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Helena Black has been staging homes for numerous realtors for over 9 years. She has worked with every imaginable type of property - big, small, cluttered, empty etc. She has kindly agreed to collaborate with liv.rent and share some quick and easy DIY tips for getting a place ready for sale or rent. Anyone with a rental property realizes the value in sprucing up a property. It attracts better renters ...
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This month, we take a look at the state of the rental market in Greater Vancouver. Below is a breakdown of this month's Vancouver rental stats. Vancouver Renter Stats – Demographics In March 2019, more women are actively seeking a rental property than men - 56% and 44% respectively, a switch since February. And the large majority of rental seekers - 45% - fall into the 25-34 year old category. Pet Friendly Vancouver ...
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