The article “How Canadians can split their income and lower their tax bills” was originally published in Financial Post on September 8, 2022. PHOTO BY CHLOE CUSHMAN/NATIONAL POST ILLUSTRATION FILES. Jason Heath: There are ways to pay less tax during your...
The article “Will you make money on your rental property?” was originally published in MoneySense on September 7, 2022. Photo by Timur Saglambilek on Pexels. Rental real estate has been a great investment for many Canadians. But how do you assess whether...
The article “What time of year should you retire?” was originally published in MoneySense on September 6, 2022. Photo by Kampus Production from Pexels. When’s the best time to retire? The timing is not always up to you, but if you can choose, there may be...
The article “How to invest with spousal loans for Canadians—and how to pay it back” was originally published in MoneySense on August 30, 2022. Photo by Maria Lin Kim on Unsplash. There is plenty of advice on setting up a spousal loan for income splitting,...
The article “Do you have to split your estate evenly between your children?” was originally published in MoneySense on August 23, 2022. Photo by Askar Abayev from Pexels. Courts in some provinces can vary the distribution of an estate and override a last...
The article “How capital gains tax on property is divided in a divorce” was originally published in MoneySense on August 15, 2022. Photo by Andrea Piacquadio from Pexels. When a couple separates, how does owning, transferring and dividing multiple...
The article “Are home renovations tax deductible in Canada?” was originally published in MoneySense on August 8, 2022. Photo by Kindel Media from Pexels. Doing home renovations? Find out if there are any tax incentives that Canadians are able to claim. We...
The article “U.S. withholding tax in an RRSP for Canadians” was originally published in MoneySense on August 2, 2022. Photo by Alexander Mils from Pexels. For Canadians who have withholding tax on U.S. income in an RRSP, sometimes this tax can be avoided....
The article “Should you transfer property to a child and then rent it from them?” was originally published in MoneySense on July 26, 2022. Photo by Mushtaq Hussain on Pexels. Satyesh is considering transferring his home to his daughter and then renting it...
The article “FP Answers: When should I take CPP?” was originally published in Financial Post on July 20, 2022. Photo by GETTY IMAGES/ISTOCKPHOTO. The timing for collecting benefits is more important than seniors think FP Answers has received a mountain of...
The article “What the Bank of Mom and Dad should consider when dispensing money — especially if it might want to be paid back someday” was originally published in Financial Post on July 4, 2022. PHOTO BY JIM WELLS/CALGARY SUN/QMI AGENCY FILES. Jason Heath:...
The article “What are the taxes on transferring real estate to your kids?” was originally published in MoneySense on June 27, 2022. Photo Zen Chung from Pexels. Joan and her partner own the condo her son lives in, but they want to transfer ownership to...
