Parsons Law

03/28/2024

You no longer need to file the tax return you probably didn’t know you needed to file.

The CRA says it’s making the change after the new reporting rules around bare trusts had an “unintended impact on Canadians.”

02/27/2024

All residential property owners in Toronto must declare the occupancy status of their property, even if the property is not vacant. This declaration can be submitted online.

https://www.facebook.com/share/D9HA4rxb4ff9PT1A/?mibextid=QwDbR1

Submit your declaration today.

07/05/2021

https://financialpost.com/personal-finance/retirement/heres-what-you-need-to-know-if-your-retirement-is-riding-on-your-rental-property-income

Jason Heath: There are unique tax, cash flow, and estate planning considerations for landlords in retirement

04/20/2021

https://www.cbc.ca/news/business/hvac-contracts-lien-sales-1.5988112?fbclid=IwAR3fB_ykX2RWp2GHDDS8brkroi9g9Zen5Or0n2tigrmartcRFYyDTRCuoYo

Homeowners say they are being blindsided with thousands of dollars’ worth of liens on their properties after signing contracts for heating and air conditioning equipment that are worth a fraction of what they're paying. Government attempts to fix the problem are failing, says an expert.

02/17/2021

https://apple.news/ABj5rpqBvSiuLY6ObppAN2g

It’s not hyperbole to say that if you need to lock in a long-term mortgage rate, there has literally never – ever – been a better time to do it than right now

12/17/2020

https://financialpost.com/real-estate/home-prices-reach-fresh-record-in-canada-even-as-sales-slip

Overall, 'it's looking like 2020 will be a record year for home sales in Canada'

08/17/2020

🔥

Canada's housing market came roaring back in a big way in July, smashing the record for the most homes sold during the month, and average prices rising 14 per cent from where they were a year ago.

06/13/2020

https://torontostoreys.com/toronto-real-estate-market-hot-june-2020/

Despite an ongoing pandemic, the highest unemployment rate in history, and millions of Canadians on CERB, the Toronto real estate market is once again hot.

05/03/2020

https://apple.news/AUeCkg4e3RZu6VhQYD4znZw

Technology, Technology, technology will be new catchphrase of real estate's recovery, says Peter Norman, vice president and chief economist at Altus Group

12/19/2019

Jason Heath: Beware the belief that real estate prices will continue to climb at anywhere near the rate we have seen over the past 20 years

10/09/2019

https://fct.ca/blog/do-your-clients-really-need-title-insurance-for-a-condo/

Among condo owners, we've noticed a general misconception that survey coverage isn’t relevant for condos so title insurance isn’t relevant. But survey coverage isn’t the only reason to advise clients to get it.