LATIF NIZAMANI Realtor

Tag: passive-income

  • Critical Considerations for Adding Your Child to Home Title

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    By Latif Nizamani Thinking of Adding Your Child to Your Home Title? Read This First Many Canadian homeowners are advised to add an adult child to the title of their home as a way to simplify estate planning and potentially reduce probate costs. While this strategy may be appropriate in certain situations, it is important…

  • Short-Term Rentals: What You Should Know

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    By Latif Nizamani Short-term rentals—through platforms like Airbnb can be an effective way to generate additional income from your home. However, in Mississauga, the rules are clear and more restrictive than many expect. Before getting started, it’s important to understand how these regulations—and related tax considerations may impact you. 1. Not Every Property Qualifies In…

  • Use Your RRSP to Buy Your First Home

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    By Latif Nizamani If you’re planning your first home purchase, the Home Buyers’ Plan (HBP) is one of the most effective ways to strengthen your position. It allows you to use your own savings to increase your down payment—without taking on additional debt—while maintaining flexibility in repayment. What You Can Do: Through the Home Buyers’…