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4 Secrets to Investing in Real Estate through your RRSP/TFSA (MORE $$$)

  Рет қаралды 5,907

Darren Voros

Darren Voros

Күн бұрын

Пікірлер: 39
@onYTsince2008
@onYTsince2008 3 жыл бұрын
Information OVERLOAD here, free! Thanks Darren for making me "pause" several times in the video, think what was just said, then play again!🤣 Thanks for giving us priceless tips to make us rich (in our minds first), then in real life! 🤩🙌💸💵
@DarrenVoros
@DarrenVoros 3 жыл бұрын
You're very welcome. My mission is to help 1000 people create $1M in net worth. One step at a time is the only way to do it.
@xcskiguy1739
@xcskiguy1739 3 жыл бұрын
I have a MIC and some exempt marker securities in real estate inside my RRSP. Now looking to do a mortgage within my TFSA. Excellent information
@shubaxr4730
@shubaxr4730 2 жыл бұрын
How do you do a mortgage with tfsa?
@rae717
@rae717 3 жыл бұрын
Once I found out about REITs I switched my RESP and RRSP over to them as soon as possible. District REIT is administered by Olympia Trust or Community Trust. I feel like it's a pretty good way to invest in real estate without dealing with the headaches. Thanks for putting it all in context, Darren.
@iceman5413
@iceman5413 3 жыл бұрын
Great info! The only thing I want to point out is that REITs pay out dividends as distributions. What that means is that they are taxed as normal income and not dividends. If you hold them in a TFSA/ RRSP then this won't apply. But if you hold them in a registered account, it's something to keep in mind. Just want to put that out there for clarification :)
@DarrenVoros
@DarrenVoros 3 жыл бұрын
Thank you for the feedback Dean!
@jkbondy2
@jkbondy2 3 жыл бұрын
Not yet. Thanks Darren
@chenair6613
@chenair6613 3 жыл бұрын
Not yet. Working on it. Thanks, Darren.
@DarrenVoros
@DarrenVoros 3 жыл бұрын
You got this!
@peters1992
@peters1992 3 жыл бұрын
Not yet. And sitting on the side line debating REIT’s. And didn’t know about MIC’s. So your suggestion regarding AI.TO got my interest for sure!
@DarrenVoros
@DarrenVoros 3 жыл бұрын
Awesome, glad you took something valuable from the video!
@tonyshaw7420
@tonyshaw7420 2 жыл бұрын
I'll be talking to my accountant and working out how to use my TFSA & RRSP for buying my first apartment complex 🇨🇦🎆✨🎆✨
@DarrenVoros
@DarrenVoros 2 жыл бұрын
Right on Tony. Thanks for the comment.
@tonyshaw7420
@tonyshaw7420 2 жыл бұрын
@@DarrenVoros INTEGRIS Pension Management Corp. Check out using a PPP /Personal Pension Plan for real estate investing
@elizabethkwiecien5777
@elizabethkwiecien5777 3 жыл бұрын
Not yet Darren but will definitely start very soon
@DarrenVoros
@DarrenVoros 3 жыл бұрын
Glad to hear that Elizabeth!
@michelleluu13
@michelleluu13 3 жыл бұрын
For sure! Great video Darren :)
@shyguy8273
@shyguy8273 3 жыл бұрын
Invest in bitcoin, gold , sliver,buy stock,forex market ,commodities .just invest and save yourself.
@DarrenVoros
@DarrenVoros 3 жыл бұрын
Glad you enjoyed it!
@stillak
@stillak 2 жыл бұрын
Rather invest in TSLA stock
@djibytube
@djibytube 2 жыл бұрын
Thanks for the great video. What about non-arms length rrsp mortgage? Is this possible? Any idea who could facilitate this?
@DarrenVoros
@DarrenVoros 2 жыл бұрын
You can do it but it's not that beneficial. It has to be insured by CMHC and qualified the same way. I'd stick to arms length for the most part.
@rickmck1
@rickmck1 3 жыл бұрын
Great video! Thank you! Can funds in a self directed RRSP be used to fund renovations? Thanks in advance.
@goatspooprainbows
@goatspooprainbows 3 жыл бұрын
Can you do private lending via trustee to your own corporation?
@lnishan
@lnishan 2 жыл бұрын
I would love to know the same
@carmelacapilongo2819
@carmelacapilongo2819 3 жыл бұрын
Not yet
@michelefisher5171
@michelefisher5171 3 жыл бұрын
Great info Darren. Where can I get 18%? I just had 20% but I’ll settle for 18
@nadyalawson1097
@nadyalawson1097 Жыл бұрын
Can I use my RRSP to invest in my own invesment property? thanks
@mohammadkarimi7656
@mohammadkarimi7656 2 жыл бұрын
What about the fees that these trust companies charge? What if someday I decide to transfer my money to another institute, will it be easy or they’ll give me headache?
@DarrenVoros
@DarrenVoros 2 жыл бұрын
Fees are minimal. About $150 per year I believe. If you want to transfer out, it's pretty simple and straightforward.
@lnishan
@lnishan 2 жыл бұрын
Can I take a loan on RRSP through the self directed account for my a secondary investment property?
@victoranyanwu8950
@victoranyanwu8950 3 жыл бұрын
I don't know who needs to hear this , you've got to stop saving your money. Invest some part of it .if you really want financial freedom
@DarrenVoros
@DarrenVoros 3 жыл бұрын
Couldn't have said it better myself haha
@dazisgud
@dazisgud 3 жыл бұрын
Can you put your own mortgage in your rrsp?
@dazisgud
@dazisgud 3 жыл бұрын
Can you invest in a line of credit in a rrsp
@BC-sb4fo
@BC-sb4fo Жыл бұрын
Some good information here. A lot of moronic information here.
@thatelectritian
@thatelectritian Жыл бұрын
I recommend Wealthsimple because you can get their visa card and get 1% cash back directly into your TFSA, crypto, RRSP, stocks
@DarrenVoros
@DarrenVoros Жыл бұрын
You can't do a self-directed RRSP or TFSA with Wealthsimple unfortunately.
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