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Tag: second home

What is porting a mortgage in Canada—and when should you do it? – MoneySense

What is porting a mortgage in Canada—and when should you do it? – MoneySense

August 29, 2024September 2, 2024 · Finance

But picking a fixed mortgage rate can be problematic if you decide to sell your house and are forced to break your mortgage contract in the middle of…

Read more What is porting a mortgage in Canada—and when should you do it? – MoneySense
Is a vacation home a good investment? – MoneySense

Is a vacation home a good investment? – MoneySense

July 2, 2024July 2, 2024 · Finance

Sometimes, emotions are the motivation for buying a vacation property. I like to evaluate a property purchase from a financial point of view as well—and here’s how.  The…

Read more Is a vacation home a good investment? – MoneySense
Best places to buy real estate in Halifax in 2024 – MoneySense

Best places to buy real estate in Halifax in 2024 – MoneySense

April 12, 2024April 14, 2024 · Finance

Best places to buy real estate in Halifax In the table below, you’ll find the top Halifax neighbourhoods for real estate purchases. To view all the data, slide…

Read more Best places to buy real estate in Halifax in 2024 – MoneySense
Crackdown on Airbnb and other short-term rentals likely coming to unincorporated L.A. County

Crackdown on Airbnb and other short-term rentals likely coming to unincorporated L.A. County

March 20, 2024March 22, 2024 · Real Estate

Airbnbs and other short-term rentals in unincorporated areas will be restricted to hosts who are renting out their primary residence, under a proposal that gained preliminary approval from…

Read more Crackdown on Airbnb and other short-term rentals likely coming to unincorporated L.A. County
How to use equity to buy a second home – MoneySense

How to use equity to buy a second home – MoneySense

December 6, 2023December 6, 2023 · Finance

“Potential buyers may not have the cash they require to pay for an asset like a second home in part or in full,” says Maxine Crawford, a mortgage…

Read more How to use equity to buy a second home – MoneySense
Second mortgages in Canada: What are the rules? – MoneySense

Second mortgages in Canada: What are the rules? – MoneySense

December 4, 2023December 5, 2023 · Finance

How you intend to use the property—i.e., for personal use (such as a second home or cottage) or as a rental or investment property.  Whether or not the…

Read more Second mortgages in Canada: What are the rules? – MoneySense
The tax implications of buying a second home in Canada – MoneySense

The tax implications of buying a second home in Canada – MoneySense

November 23, 2023November 23, 2023 · Finance

Primary residences vs. secondary properties The tax treatment of real estate in Canada depends on its use. The home you live in—your primary residence—is normally exempt from capital…

Read more The tax implications of buying a second home in Canada – MoneySense
Down payment for a second home in Canada: How much do you need? – MoneySense

Down payment for a second home in Canada: How much do you need? – MoneySense

November 3, 2023November 4, 2023 · Finance

So, how much of a down payment do you need for a second home? That depends on a few factors, including whether or not you intend to live…

Read more Down payment for a second home in Canada: How much do you need? – MoneySense
Fractional Home Ownership—Smart Investment Or Real Estate Scam?

Fractional Home Ownership—Smart Investment Or Real Estate Scam?

September 23, 2023September 23, 2023 · Real Estate

Casa Estrada Miami Pacaso If you’ve been looking for a second home, vacation home, or pied a terre—you might have encountered an emerging trend called “fractional home ownership.”…

Read more Fractional Home Ownership—Smart Investment Or Real Estate Scam?
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