Story's Real News

Tuesday Oct 22nd, 2019


According to REM(the Real Estate Magazine) Millennials should look to invest in the U.S. While this is sage advice since the return of a $280,000US ($373,000CDN) investment in destination places such as Arizona or Florida can run anywhere between $3,000 - $5,000 a month in High Season (basically our Winter months) one must remember to consult a Canadian Tax Accountant to understand the Tax implications. If you are a cautious investor and like your money to be more fluid, then investing outside the GTA can also be a great well as keeping your money in CANADA you will have the comfort of mind that selling Real Estate in the Canadian market environment will be a lot easier than selling in the U.S.  However you decide to invest be sure to hire a realtor

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