Tag: real-estate
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Estate Freeze and Deemed Disposition
By Latif Nizamani Many property owners spend years building wealth through real estate. Rental properties appreciate, portfolios grow, and equity accumulates over time. However, under Canadian tax law, the transfer of that wealth to the next generation can create a significant tax event. According to the Canada Revenue Agency (CRA), when a person dies they…
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The Current Real Estate Market: Analysis and Strategic Insights:
The current real estate market in the Greater Toronto Area (GTA) and broader Ontario region is characterized by cautious optimism. Following a period of rapid price growth and rising interest rates, market activity has slowed, creating an environment that requires both careful observation and strategic positioning. Investors and homeowners alike must navigate this landscape with…
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Pitfalls of Self Representation in Real Estate
Self-representation in Ontario real estate transactions can be tricky and can expose buyers and sellers to serious risks, including legal liability, financial loss, and weaker negotiating positions. Some of the risks include, but are not limited to, the following: Legal & Regulatory Risks: • Limited rights and protections: As a self-represented party (SRP), you are…
