Archives for Income properties

Closing the Cottage for the Winter

It is always a sad day when you are sitting at the cottage, and the leaves start to turn, and you realize that the nights are getting cooler. We usually delay the decision to close up the cottage to the last minute. Given our uncertain weather events these days, it is best not to wait. Frozen pipes can cause a great deal of damage.

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Airbnb: New regulations may change your investment

To Airbnb or not to Airbnb? New regulations in Ottawa  In the past few years, the trend of Airbnb has been sweeping the nation.  Airbnb gives property owners a platform to rent income properties and even their own homes as short term rentals.  With the homeowner in control of timing and rates, this can be a great way to off-set the costs of owning a property.   However, with the implementation of new taxes for short term rentals and with some condominium corporations changing their rules to disallow individuals from utilizing their units for such purposes, it may not be as
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