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Type: Posts; User: ercchry

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  1. Replies
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    Prepping these for tomorrow. Probably won’t have...

    Prepping these for tomorrow. Probably won’t have time to document the evening…

    Gave them a quick freeze, salt, then resealed in vac bags.

    Still undecided on cooking. Yes it’s Wagyu, but it’s...
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    I can lend over extended landlords the money for...

    I can lend over extended landlords the money for the mortgage on these properties… have someone else administer the loan (and deal with foreclosure or paying me out if I find something else to invest...
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    Recent upgrades, including brand new electric...

    Recent upgrades, including brand new electric fireplace!
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    Yeah, get those single family homes into a hold...

    Yeah, get those single family homes into a hold co when you still can! Kids as directors, etc
  5. Replies
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    740

    True, but there must be a way to reduce that, get...

    True, but there must be a way to reduce that, get a structured payout over x years or create a hold co, etc
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    Am I missing something here? This is...

    Am I missing something here?

    This is essentially a consumption tax, cause at $250k+, why bother withdrawing that from a corp or investment unless you’re spending it?

    At a 50% tax rate it’s a...
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    I also gave the hawt market the benefit of the...

    I also gave the hawt market the benefit of the doubt while calculating 8% and didn’t factor in vacancy rates
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    Sale of asset… the speculation is the only...

    Sale of asset… the speculation is the only additional upside.

    There are also going to be a ban on corps owning SFD homes, lending for corps is also limited and usually comes with higher interest...
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    It’s not paying for itself. It’s using your...

    It’s not paying for itself. It’s using your capital in an inefficient tax way with an 8% return… there is a cost to that

    Speculation for the purpose of redevelopment is also a completely different...
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    I’m saying an investment that falls under cap...

    I’m saying an investment that falls under cap gains and that is passive (landlord is not) is better than something that falls under business activity

    What will get you more than 8%? Well…...
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    Taking speculation out of the equation (since...

    Taking speculation out of the equation (since it’s now business revenue and not cap gains)… 8% ROI… think there are many more passive options to achieve that these days
  12. Replies
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    Power lines… in the inner city?!? No! Say it...

    Power lines… in the inner city?!? No! Say it ain’t so!

    21st goes nowhere. No more busy than any other regular street in all of North glenmore/altadore
  13. Replies
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    wtf are you going on about now? It’s on a...

    wtf are you going on about now?

    It’s on a street, not an avenue… and 20th st is the main drive as it actually connects up to 33rd ave
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    Once the shares are settled, the brokerage’s...

    Once the shares are settled, the brokerage’s solvency should not be a concern for your ownership… I would also venture a guess and say TD Waterhouse is a separate entity from TD, the bank

    If you...
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    502,118

    I just toss a dead auto on my wrist then remember...

    I just toss a dead auto on my wrist then remember two days later that I never set it
  16. Replies
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    People were spending more than that on a Bronco…...

    People were spending more than that on a Bronco… sooo :dunno:
  17. Replies
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    My parents are in my brother’s basement, cause...

    My parents are in my brother’s basement, cause they didn’t time their new build possession very well… sucker! :rofl:
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    Art room with discreet parking :dunno:

    Art room with discreet parking :dunno:
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    Duke 1290… if it has to be a full faring bike, it...

    Duke 1290… if it has to be a full faring bike, it has to be Italian… duc or MV
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    Sir, that is dickies

    Sir, that is dickies
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    They work fine if you keep your dick out of them

    They work fine if you keep your dick out of them
  22. Replies
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    Our Dyson stick has an annoying pitch. I much...

    Our Dyson stick has an annoying pitch. I much prefer when she uses the Miele canister.

    All I know about performance is that I have to blow out the stick one with the air compressor rather often....
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    Just got a quote from someone… 2019 quote:...

    Just got a quote from someone… 2019 quote: $75/hr… 2024 quote: $199/hr
  24. Replies
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    9/10 pees in an Uber are sit down

    9/10 pees in an Uber are sit down
  25. Replies
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    Then install one of those Japanese style parkade...

    Then install one of those Japanese style parkade elevators!
  26. 119289 Had that happen in that 2014 September...

    119289

    Had that happen in that 2014 September storm… tree just grazed the eavestrough, no other damage… besides from the sun for the next decade… so much shade was lost that day :cry:
  27. All my bushes are squished. They didn’t even have...

    All my bushes are squished. They didn’t even have leaves yet!
  28. Replies
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    Parboiled/blanched? I bet they are! I’ve been...

    Parboiled/blanched? I bet they are!

    I’ve been doing similar, then a double air fry
  29. Replies
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    Hypothetically they can call the loan for many...

    Hypothetically they can call the loan for many reasons, but probably won’t if you’re not in arrears. Bigger issue is if you have corp accounts with them as well, if the corp financials fall then they...
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    Income… you have to qualify it as 25yr am, and...

    Income… you have to qualify it as 25yr am, and P+/-(whatever rate they get) + 2%

    Or else falls under a net worth product, which needs to be specific liquid investments depending on lender (ie. use...
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    Probably tough to get a regular HELOC unless they...

    Probably tough to get a regular HELOC unless they have wealth outside of the home
    .

    In BC they can defer their property taxes, so less of a concern anyways
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    …and on Mother’s Day… ungrateful little shits

    …and on Mother’s Day… ungrateful little shits
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    Honestly, I thought they’d have you at “lick toes”

    Honestly, I thought they’d have you at “lick toes”
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    5yr bond almost hit 4% again yesterday

    5yr bond almost hit 4% again yesterday
  35. Replies
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    The way forward for a lot of these people will be...

    The way forward for a lot of these people will be in the form of refinances… not the traditional “I’m gonna buy a new boat!” Refinances, but the ones where the amortization gets pushed back out to...
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    Based on the labour quotes I’m getting right now,...

    Based on the labour quotes I’m getting right now, that’s below market!
  37. Thread: Inflation

    by ercchry (view post)
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    My personal shopper has some tag in a keychain...

    My personal shopper has some tag in a keychain that unlocks those carts
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    Who tf is giving you margin in a registered...

    Who tf is giving you margin in a registered account??
  39. Replies
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    Then use motul like everyone else!

    Then use motul like everyone else!
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    Does someone need an alibi? :rofl:

    Does someone need an alibi? :rofl:
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