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Tax Implications Of Refinancing Your Rental Property

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Many investors do not know what to expect when they are refinancing their rental property.

In today's video, I’ll tell you about the two common ways of refinancing your rental property and the tax implications that come with them.I will also be addressing some of the commonly asked questions.

If you have any questions or thoughts after watching this video, leave a comment below, and I’ll respond as soon as possible.

#RealEstateTaxTips​ #RealEstateInvestors​​ #CanadianInvesting​ #realestateinvesting #hst #refinanceyourhome #corporation #refinancingproperty #taxman #rentalpropertysales

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DISCLAIMER:

Tax planning is a personalized decision and will depend on your situation, priorities, and risk tolerance. Consult with your own legal and tax advisors to ensure you get the advice you personalized for you.
The information contained in this video is for general information purposes only.
The information is provided by ECRB Consulting Inc., RealEstateTaxTips.ca, Cherry Chan Professional Corporation and Cherry Chan.
While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability to the article or the information, products, services, or related graphics contained on the presentation for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage, including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of or connected with the use of this information.

posted by Luminasi3v