Archive for November 2007
Nov 2007 Net Worth Update (+0.52%)
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…
Read MoreRental Property Income Taxes and Deductions
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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