The article “What are the tax implications of selling U.S. real estate?” was originally published in MoneySense on October 31, 2022. Photo by Kampus Production from Pexels. Mary and Vic are selling a property in the U.S. and want to know what the capital gain...
The article “Financial gifts: What you need to know before giving money or investments” was originally published in MoneySense on October 28, 2022. Photo by Marcus Aurelius from Pexels. Whether you’re giving to a family member or a cause you believe in,...
The article “Can you avoid probate taxes on TFSAs?” was originally published in MoneySense on October 28, 2022. Photo by Sora Shimazaki from Pexels. Find out how to shield TFSAs from probate taxes, when no beneficiary or successor has been named for the...
The article “How to leave money to your grandkids” was originally published in MoneySense on October 28, 2022. Photo by Ekaterina Shakharova on Unsplash. If you’re a grandparent and want to leave money to your grandchildren, here are tips on how best to do that. In my...
The article “Is an RRSP loan a good idea?” was originally published in MoneySense on October 28, 2022. Photo by pressfoto from freepik.com. Depending on which tax bracket you’re in and whether you have other debt, you might be better off simply directing what you...
The article “Where do we pay income tax if we retire abroad?” was originally published in MoneySense on October 26, 2022. Photo by Mikhail Nilov from Pexels. There are tax implications in both countries if Marianna moves to Mexico full-time. Q. We’re thinking about...
The article “Could a line of credit impact my mortgage application?” was originally published in MoneySense on October 26, 2022. Photo by Sarandy Westfall on Unsplash. Line of credit payments and other non-mortgage debt are factored into mortgage affordability...
The article “How to set financial goals that are realistic and achievable” was originally published in MoneySense on October 25, 2022. Photo by Engin Akyurt from Pexels. Goal setting is an important financial strategy, but the key is to set goals that are realistic,...
The article “My financial advisor overcontributed to my TFSA—now what?” was originally published in MoneySense on October 18, 2022. Photo by Cottonbro from Pexels. Overcontributing to a TFSA can be costly, especially if it goes unnoticed. What can you do if the error...
The article “Is now the time for a long-term investor to abandon stocks?” was originally published in MoneySense on October 12, 2022. Photo by Jenny Ueberberg on Unsplash. It’s been a difficult year for stock investors. Should you move into GICs or...
The article “Financial planning in your 70s” was originally published in MoneySense on October 6, 2022. Photo created by rawpixel.com – www.freepik. Be mindful of these money concerns, even after retirement. When most people think about financial...
The article “Could a line of credit impact my mortgage application?” was originally published in MoneySense on October 6, 2022. Photo by Sarandy Westfall on Unsplash. Line of credit payments and other non-mortgage debt are factored into mortgage...