Spring Maintenance Tips and Tricks

Mar 29, 2023

Most of us are ready to say goodbye to winter for good. After a few long, cold, wet months, we are ready to welcome warmer weather and longer days with open arms! That also means it’s time for some spring cleaning!   Believe it or not, there are a few good reasons you...

Business Activities in Rental Units

Feb 23, 2023

As a landlord you would assume that the tenants you select for your residential property will use it for residential purposes. For instance, a manufacturing operation or large-scale sales business would probably be something that the landlord would not want to see in...

Property Abandonment: What are a Landlords options

Jan 18, 2023

Naturally, this is a frustrating situation, not only have you lost rental income but now you have the burden of cleaning the unit, disposing of any belongings the tenant left behind and finding a new tenant to occupy the unit as soon as possible. Now there are a...

Tax deductions as a BC Landlord

Dec 16, 2022

When you own a rental property, you are required to report all rental revenue on the Statement of Real Estate Rentals schedule on your personal tax return. However, you are also able to deduct a variety of landlord expenses from your gross rental revenue and then pay...

Condo insurance Crisis: What You Need to Know

Nov 18, 2022

In the last few months, strata corporations have been seeing insurance rates increase substantially anywhere from 50% to 300%, and the deductibles to cover claims have also increased from $25,000 per claim to as high as $250,000 and higher. For strata properties, it...