Tax deductions as a BC Landlord

Tax deductions as a BC Landlord

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...
What to think about before becoming a Landlord

What to think about before becoming a Landlord

We’ve all been there — you meet someone who does a less-than-stellar job, and you think, “I could do this better than you.” If you’ve ever rented a home, it’s likely you’ve thought that once or twice about your own landlord. But is it really that simple? If you think...
Rental Scams are on the rise in BC

Rental Scams are on the rise in BC

Anyone looking for either a short or long-term rental in BC is being warned due to the increase in scams. The Better Business Bureau of British Columbia issued a caution saying high demand and low vacancy rates create opportunities for fraudsters to capitalize on...
Relocating to Vancouver Island made easy!

Relocating to Vancouver Island made easy!

As you might be well aware, securing a rental unit in Victoria has become increasingly difficult.  Rental vacancy rates are as close to zero as it has gotten here in the past few decades. That’s excruciating for anyone hunting for a new rental. Combined factors such...
Esquimalt: Neighbourhood Guide

Esquimalt: Neighbourhood Guide

Located less than 10 minutes from Downtown Victoria, with easy access over Victoria’s recently completed Johnson Street Bridge, the neighbourhood of Esquimalt offers a unique blend of history, nature, and convenience. Esquimalt offers a distinctive combination of...