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Are the big banks punishing real estate investors?

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Canadian Realestate Magazine | 26 Feb 2015, 09:40 AM Agree 0
While the industry continues to chime in about the interest rate cut and its impact on first-time investors, seasoned investors are finding themselves left out in the cold by the banks.
  • | 26 Feb 2015, 03:42 PM Agree 0
    I have never seen a JV agreement being able to register on title on a property, how does that work? Can you provide more info?
  • investor | 27 Feb 2015, 02:21 PM Agree 0
    The Joint venture would be in the form of a Numbered company that is owned by both parties in the J-V. After the sale the Title would then be changed from the one individual to the numbered company. Although you will have to weigh in the cost of capitol gains on the sale of any property due to the company owning the home as opposed to personally owned; after a year of it being your main residence you can rent without paying income tax on the gains of the Real Estate Portfolio.
  • | 03 Mar 2015, 02:16 PM Agree 0
    Holy Fraud!
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