Are you considering whether to refinance or sell your rental property in light of the recent tax rate increases? Let's dive into the details together.
In this video, I break down the options of refinancing versus selling, helping you navigate these changes with confidence.
This video provides a detailed comparison of both options, helping Canadian real estate investors make informed decisions in their quest for financial freedom.
Watch as I dive into the financial implications, tax benefits, and personal goal alignment of each strategy.
Key Moments In This Episode
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00:00 - Tax Rate Impact
02:25 - Goal Clarity
04:39 - Refinance vs Sell Basics
06:59 - Financial Outcomes
09:25 - Cash Flow Considerations
11:41 - Refinancing Benefits
13:59 - Lowering Costs
16:13 - Income-Based Decisions
18:13 - Strategic Decisions
If you have any questions or thoughts after watching this video, leave a comment below, and I’ll respond as soon as possible.
Don’t forget to subscribe to my channel for more videos on Canadian real estate and tax-saving strategies so you don’t miss a thing!
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Please make sure to speak to a professional that knows your personal situation before making a decision.
If you need to talk to someone on my team, email us at admin@cccpa.ca.
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DISCLAIMER:
Real estate Tax planning is a personalized decision and will depend on your situation, priorities, and risk tolerance. Consult with your legal and tax advisors to ensure you get the best personalized advice.
The information contained in this video is for general information purposes only.
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