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482,891 Views ⢠Apr 18, 2024 ⢠Click to toggle off description
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Views : 482,891
Genre: News & Politics
Date of upload: Apr 18, 2024 ^^
Rating : 4.445 (223/1,384 LTDR)
RYD date created : 2024-05-02T12:26:26.529368Z
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YouTube Comments - 966 Comments
Top Comments of this video!! :3
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
155 |
"it's not just the wealthy. If you have to sell the family cottage, it'll impact you too."
Oh shit, not my middle class family cottage! I have like 10 of those!
192 |
I disagree. Local property Investors will hold onto Assets as the exit costs just increased. Investors will sit on the units until the next government. This will create a higher supply, driving up the housing prices and the Cap gains tax obligations further, This will become a self perpetuating cycle.
38 |
I'm favoured $130k every 4weeks! I now have a good house and can now afford anything and also support my family
249 |
Perhaps this was the intent of these changes- to chase the highly leveraged property 'moguls' (owners of 2-3 rented units) out of the condo sector.
77 |
Am I the only one who thinks the guy is correct and the lady is wrong? âWhen you leave Canada, you are considered to have sold certain types of property (even if you have not sold them) at their fair market value (FMV) and to have immediately reacquired them for the same amount. This is called a deemed disposition and you may have to report a capital gain (also known as departure tax).â If you stop living in Canada as a permanent resident you are going to get hit on the capital gains tax anyways! lol that lady doesnât know what she is talking about. If youâre a resident you pay tax in Canada even when you make money from outside the country.
26 |
She was supposed to make an argument against the new changes to the capital gain taxes. Instead she pitched about the shady tax havens in Caribbean Islands for real estate investing and her dislike for Canada and the US.
105 |
3:05 Crazy that their world of 'investing' is exclusively real estate. So Canadian, part of the problem...
131 |
No logic at all âif someone buying a property, it will be either occupied by the buyer or rented out to other tenant.â The net effect, or the ratio of tenants to the properties wonât change.
24 |
There are so many Canadians who are investors! What about the people who have been saving money and making the right business moves for the past 3 decades and bought an investment property to rent out to supplement retirement income. What if they want to sell now? Of course they are affected by this capital gains tax because they bought so long ago. This isnât taxing the rich! This is taxing hard working Canadians.
13 |
"Regular" canadian investing in the british Virgin islands đ
This lady respectfully is not living in reality
38 |
You do have to declare when you own property over 100k abroad. Asks you on the tax form every year. I'm a tax professional
37 |
Rich people will navigate through this without any issues. As always, the less fortunate are gonna pay for this.
166 |
I own a rental property that i was hoping to sell to help me financially in retirement. The only people this hurts is small investors and retirees
29 |
So this is good news for people wanting to own a property to live in. Maybe these "investors" could do something productive like start a business. Or they can leave and make real estate more affordable again.
151 |
Who care about investors? They're an unproductive blight on the economy. Landlords investing in other countries is a loss to our country? Are they going to carry homes across the boarder? Who do people think these rentals are getting sold to when they're sold off?
59 |
If rental property investors were investing for capital gains then that's a problem right there. It speaks to the unsustainable bubble that we are in the midst of.
59 |
If your family has a cottage or a family home in Toronto core to sell, you are wealthy. Don't kid yourself.
60 |
Over leveraged real estate speculators getting hurt. Jesus wept.
74 |
@user-xf5ki7sj4r
2 weeks ago
I hope someday Canada will get rid of these brokers/agents, who does nothing but ready to take commission. They add no productivity to the country.
298 |