Nov 2007 Net Worth Update (+0.52%)

By FT | November 30, 2007 |

It’s time again for the monthly net worth update – The November 2007 edition. October was a great month for the markets, but November has been terrible.  This recent drop has taken a bite out of my registered/non-registered accounts.  Thank goodness for our bigger savings these couple months as they have offset most of the…

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Rental Property Income Taxes and Deductions

By FT | November 28, 2007 |

As tax season is coming up, I've had a few readers email me about how income taxes are calculated with investment rental properties.  It's actually a pretty basic calculation, with your total NET rental income added to your regular income throughout the year.  The basic formula works out like this: Total Rental Income – Expenses…

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