Nasma Ali @nasmadotali
broker & founder @onegrouptoronto part of real broker | $420M+ in sales | engineering background & a decade in corp world before switching to sales instagram.com/nasmadotali Toronto, Ontario Joined March 2016-
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Chaos. To recap, if you made a $500,000 capital gain on the sale of a cottage you would pay $133,825 in taxes under the previous inclusion rate (50%) and $156,129 under the new rate (66%), a difference of $22,304 more. On a one-time transaction. theglobeandmail.com/investing/pers…
Chaos. To recap, if you made a $500,000 capital gain on the sale of a cottage you would pay $133,825 in taxes under the previous inclusion rate (50%) and $156,129 under the new rate (66%), a difference of $22,304 more. On a one-time transaction. theglobeandmail.com/investing/pers…
Reminder to not leave that dishwasher or laundry running and leave your home. Malfunctions happen and you come back, find your place flooded.
1.2 Million Pre-Construction Units in the Pipeline Across the GTHA 😳 urbantoronto.ca/news/2024/02/1…
Builders offering rental guarantees again. Buyer beware.
Builders offering rental guarantees again. Buyer beware.
Phenomenon I haven’t seen much of in past years but seeing it now: Young home owners with growing families *down sizing* instead of upsizing due to high monthly cost of living and their mortgage.
A new build house doesn’t mean a perfect house. Or that it has no issues; get a home inspection done! Can’t stress this enough. You may find some minor to serious problems. We once found water leaking from powder room to basement every time you flushed. Some builders are in a…
Everyone always wondering why anyone would choose a variable rate mortgage. Here’s why. For investors, most take variable because those mortgages offer more *flexibility to sell anytime*, not necessarily because the rate was lower than a fixed. For end users, it was because…
Definition of “A Race to the Bottom”: 137 lease listings on Mercer street in the heart of downtown. Why? Besides that it’s Feb and slower rental market, there is also the newly constructed Nobu Residences, two 45-storey buildings with a ton of investors who bought the units…
Little known fact: During Covid, in 2020, tenants had the right to refuse all showings if their landlord was trying to sell. And they had the right to not move out if they didn’t feel comfortable doing so. Basically making it impossible to sell. This is in Ontario, Canada.
How to lose $155,000: If you can’t sell your property and decide to rent it out “for a year or two then sell when the market gets better”, then this story is for you. A few yrs ago, some clients reached out to me. They had moved outside the province the previous year and…
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alan eisen @alan_eisen
49 Followers 100 FollowingSad point from an urban planner: From 2010 - 2020 the Ontario planning act has doubled in size. So has the approval time to 32 months on avg. In that period Toronto has decreased to the slowest approval times in the Canada & 36th out of 38 developed nations We need change
Canada is in deep deep trouble and none of these political parties are going to fix it. Am I the only one feeling this way?
@truenorthneo Yes absolutely $10K BoC will cut by end of 2024 Please send me your information & we can arrange for the $10K each to be placed with a trusted 3rd party Easy money for me But you never will, you're just another BS Artist
@shanedingman @nasmadotali Highly amusing that so many people rushing to sell will push prices down more than the tax will cost them. 🤷♂️
Chaos. To recap, if you made a $500,000 capital gain on the sale of a cottage you would pay $133,825 in taxes under the previous inclusion rate (50%) and $156,129 under the new rate (66%), a difference of $22,304 more. On a one-time transaction. theglobeandmail.com/investing/pers…
‘It’s chaos:’ Cottage owners rush to sell ahead of capital gains tax changes, realtors say /via @globeandmail theglobeandmail.com/business/artic…
Why Canadian mortgage rates may be stealthily heading higher apple.news/AzpbCGkI9QKml4…
@nasmadotali Lots of new buildings have no balconies, I've noticed. I couldn't imagine a place with no outdoor space. But older ones are great
I don’t want to pay capital gains tax on invested money that was already taxed. I don’t want to pay property tax on the home I “own” forever. I don’t want to pay estate tax when I die on what I’ve saved. I understand we’re now stuck with these. But, they make zero sense.
Something is really wrong with this stabber on the loose in white rock It sounds like he’s targeting the south Asian community. Second victim was a young man who just finished his plumbing red seal. Kulwinder Sohi was stabbed on a bench last night Slashed in the neck too…
The family has identified last night's victim of the White Rock stabbing as 27 year old Kulwinder Sohi. He had moved to Canada in 2019 and worked as a plumber. His parents are in India. He died last night after being stabbed along the White Rock Promenade. No arrests so far.
Pretty obvious that the lauded Canadian Healthcare of the past isn't coming back any time soon. It was great while it lasted. Sorry.
Is there a more overrated home feature than central vac?
@JBudzeyko It’s shocking. Some are saying the convo never happened. Why would I make this up? Why aren’t people able to think for a moment that there are other places for people to live and love?
@brettdrc I love how you’re being attacked just for sharing a conversation you had with a neighbour, and how everyone here are suddenly experts in opening a business abroad🤦🏻♀️🤦🏻♀️🤦🏻♀️
Next door neighbour is off to Portugal. He and his wife haven’t had a vacation in 5 years. Enjoy your vacation I said. He turns to me and says “this is no vacation, we are off to scout for a location to start a new business. We can’t get ahead in Canada”.
People are confusing "corporations" with "the wealthy" The majority of small business owners are not the ultra-rich that you think they are.
torontolife.com/city/family-do… Another day another family doctor forced to close their practice. Is anyone listening? Why must everything become a crisis before we respond…
So many Canadian tax experts now on Fintwit all of a sudden 🤣
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