Archive for August, 2006

The Tax Man Cometh… To Search

Saturday, August 26th, 2006

You’re at your office, or home, and the doorbell rings – it’s the Canada Revenue Agency (“CRA”).

The first thing to do is find out why they’ve come. If it is an “inspection, audit or examination” of your books and records under §231.1 Income Tax Act (“ITA”) then they have a right t…

Popularity: 3% [?]

Home Equity Line of Credit û Great for Remodeling Projects

Saturday, August 26th, 2006

Many homeowners are lucky enough to find a house that represents exactly what they want in a home. They buy it, make the payments on it, and live more or less happily ever after. Others are not so fortunate. Some buyers who live in a pricey market may have to settle for less house than they ne…

Popularity: 3% [?]

Shorting Stocks û The Basics, Part II of II

Friday, August 25th, 2006

After the publication of the first part of this two part series, I had a few questions asking if shorting stocks is legal and I will quickly reply with a big YES. Some people believe that shorting shares of American companies is not patriotic or does not seem like the right thing to do. Shorting…

Popularity: 3% [?]

Selling Your House - $100,000 Pets

Friday, August 25th, 2006

Is your pet worth $100,000? It may be if you don’t make accommodations for it when selling your home.

A Hundred Thousand Dollar Pet?

A house I’d seen with a potential buyer in an attractive neighborhood built around two lakes sold for $100,000 less than was typical for the neighborhoo…

Popularity: 3% [?]

Sell Your Home and Invest at the Same Time

Thursday, August 24th, 2006

I continue to see the same For Sale signs in my neighborhood. The houses just aren’t selling. If you are considering selling or have a home on the market that is not moving, it’s time to think about financing the sale yourself. A good friend of mine bought a new home three months ago, and he…

Popularity: 4% [?]


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