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! 🤩🙌💸💵
@DarrenVoros3 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.
@xcskiguy17393 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
@shubaxr47302 жыл бұрын
How do you do a mortgage with tfsa?
@rae7173 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.
@iceman54133 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 :)
@DarrenVoros3 жыл бұрын
Thank you for the feedback Dean!
@jkbondy23 жыл бұрын
Not yet. Thanks Darren
@chenair66133 жыл бұрын
Not yet. Working on it. Thanks, Darren.
@DarrenVoros3 жыл бұрын
You got this!
@peters19923 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!
@DarrenVoros3 жыл бұрын
Awesome, glad you took something valuable from the video!
@tonyshaw74202 жыл бұрын
I'll be talking to my accountant and working out how to use my TFSA & RRSP for buying my first apartment complex 🇨🇦🎆✨🎆✨
@DarrenVoros2 жыл бұрын
Right on Tony. Thanks for the comment.
@tonyshaw74202 жыл бұрын
@@DarrenVoros INTEGRIS Pension Management Corp. Check out using a PPP /Personal Pension Plan for real estate investing
@elizabethkwiecien57773 жыл бұрын
Not yet Darren but will definitely start very soon
@DarrenVoros3 жыл бұрын
Glad to hear that Elizabeth!
@michelleluu133 жыл бұрын
For sure! Great video Darren :)
@shyguy82733 жыл бұрын
Invest in bitcoin, gold , sliver,buy stock,forex market ,commodities .just invest and save yourself.
@DarrenVoros3 жыл бұрын
Glad you enjoyed it!
@stillak2 жыл бұрын
Rather invest in TSLA stock
@djibytube2 жыл бұрын
Thanks for the great video. What about non-arms length rrsp mortgage? Is this possible? Any idea who could facilitate this?
@DarrenVoros2 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.
@rickmck13 жыл бұрын
Great video! Thank you! Can funds in a self directed RRSP be used to fund renovations? Thanks in advance.
@goatspooprainbows3 жыл бұрын
Can you do private lending via trustee to your own corporation?
@lnishan2 жыл бұрын
I would love to know the same
@carmelacapilongo28193 жыл бұрын
Not yet
@michelefisher51713 жыл бұрын
Great info Darren. Where can I get 18%? I just had 20% but I’ll settle for 18
@nadyalawson1097 Жыл бұрын
Can I use my RRSP to invest in my own invesment property? thanks
@mohammadkarimi76562 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?
@DarrenVoros2 жыл бұрын
Fees are minimal. About $150 per year I believe. If you want to transfer out, it's pretty simple and straightforward.
@lnishan2 жыл бұрын
Can I take a loan on RRSP through the self directed account for my a secondary investment property?
@victoranyanwu89503 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
@DarrenVoros3 жыл бұрын
Couldn't have said it better myself haha
@dazisgud3 жыл бұрын
Can you put your own mortgage in your rrsp?
@dazisgud3 жыл бұрын
Can you invest in a line of credit in a rrsp
@BC-sb4fo Жыл бұрын
Some good information here. A lot of moronic information here.
@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 Жыл бұрын
You can't do a self-directed RRSP or TFSA with Wealthsimple unfortunately.