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How to Make Money Flipping Houses with Only $80K | Real Estate Investing Ontario

Property Hustlers 10 views

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Comments


@Nimir2000
 Hi Andrew Great video In your analysis you didn’t mention land transfer taxes Doing this scheme in Toronto you normally pay double the amount It will add up to a substantial amount So the question is do you pay this land transfer taxes in spite of the fact that you kept if for a very short period and nobody lived in it ?
Comment from : @Nimir2000


@Juicewithjuu
 This is very informative,👍👍👍
Comment from : @Juicewithjuu


@maryderksen1847
 My brother and I have been kicking around the idea of flipping He has been a little reluctant and even though I used to sell real estate I wasn’t relieving his reluctance You explained it perfectly Thank you, I will keep in touch
Comment from : @maryderksen1847


@peyvandmanavipour
 You forgot to mention the payments you were making towards mortgage ( not sure how fast you sold it) and if less than a year almost 50 of your gain goes to taxes you have to wait a year and must be your residence to avoid any taxes
Comment from : @peyvandmanavipour


@xXxkingOFkingsXx
 what is your commission on this?
Comment from : @xXxkingOFkingsXx


@michaelmarchionda4159
 Do you buy as a corporation or under your own name?
Comment from : @michaelmarchionda4159


@bluehill-tb7lj
 Hey Andrew, this is what I have been looking for I live in Great Vancouver, BC Do you work for the area too?
Comment from : @bluehill-tb7lj


@siahwashn9794
 Don't you have to pay 50 tax on profits on flipping this house since you didn't live in it for a year ?
Comment from : @siahwashn9794


@andreaanimations
 oh wow I didn't know bayfront was getting such an upgrade for housing
Comment from : @andreaanimations


@royyabut5386
 Hey Andrew, I was the one who bought the this house for my daughter, I think looking back now it was a good deal I’m now following you guys and maybe we can work together in the future
Comment from : @royyabut5386


@frd3fadi
 This is what I’m looking for Andrew… we need to talk again loll great work man
Comment from : @frd3fadi

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