We need the election now

I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year.. Investment should always be on any creative man's heart for success in life.

@josehenry7205

2 ай бұрын

Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners?

@adamalker71

2 ай бұрын

As a beginner, it's essential for you to have a mentor that is verified by finra and SEC to keep you accountable. I'm guided by a widely known financial consultant Stacey Macken

@raphfelimax2713

2 ай бұрын

Wow, I'm supprised Stacey Macken is being mention here. I started off with 5K.... Now with massive portfolio highly recommended...

@Melbn-di6mi

2 ай бұрын

This Woman has really change the life of many people from different countries and am a testimony of her trading platform

@AIIG-zd5dx

2 ай бұрын

I met Stacey Macken at a conference in 2018 and we have been working together ever since.

Good analysis

Capital gains on inherited property ?

Can anyone please clarify if this new regulation is already approved and effective from june 25, 2024? Thanks

My boss was lucky. He sold the business last year in 2023 for many many millions so , he saved 16,% ...

you are wonderful. 100% your right!!

Before 1972 Canada had no capital gains tax, at least not on real property. At the same time life was good, no homelessness, everyone could reasonably hope to buy a home, have tropical holidays, no beggars, very little drug addiction and of much less severe quality, no unemployment, crime rate incomparably lower, less stress. Yet, no capital gain tax, at least not on real property! What is wrong with today's picture?

I think your wrong and this will encourage people to offload their investment properties. Most people that bought in 2017 are barely cash flowing and maybe breaking even. There is too much risk when you can put the money in the stock market or Gic and not deal with tenants not paying. Also corporations will sell off their properties and go to other countries such as the Usa. Properties dont cash flow anymore lol especially condos and their maintenance fees.

@rabyhaeri8944

2 ай бұрын

When the investor escape the country ,not goodness.. who is bringing money here..this ????

@HuxtableTV

19 күн бұрын

"Properties dont cash flow anymore" you said. It is much more difficult, due to government restrictions which ignore increasing property tax, strata fee, tradesman repair, special levy, insurance, high mortgage rate demands all together. Not every tenant is DOWN AND OUT to require so much restriction. Much of their demography is much better off than the landlord.

Absolutely ridiculous. This increase in capital gains tax is atrocious.

@yourmainful

2 ай бұрын

Not really. What is ABSOLUTLEY RIDICULOUS is a person who bought a home in Van or Ontario for 800k with 150k down payment in 2014 (while an engineer was earning 120k per year gross) re-listing the same exact home with zero renovation, coat of paint, spending money to change a freaking light bulb but a massive grin, for $2,699,000 and turning his 150k down payment into $2,050,000, basically won the lottery. And the same engineer, lawyer, clinician, welder ect building this country who was making 120k in 2014 currently earns 150k gross which is about a 15k net increase in 10 years. He has about 200 more years of saving his extra income to make 2,000,000 to catch up to the VOMIT INDUCING Government INTENTIALLY PRODUCED hyper inflation in RESIDENTIAL housing! No where on earth has this crap happened at this level NO WHERE but Canashite...

The budget presented is not good. It’s more spending and more taxation. If my wife and I spent money like the Liberals or Trudeau we would be bankrupt long time ago.

@HuxtableTV

19 күн бұрын

Sadly, they don't know how to run this country, it is in tatters: tent cities, homelessness, unemployment, worse and worse drug addiction, 60% of citizens have no access to doctors, food prices doubled in a couple of years, crime at awful levels and the list goes on... But, there are repeatedly billions given to foreign nationals.

do we also pay capital gains tax on principal residence too if we sell?

@SamSarabi

2 ай бұрын

No.

@HuxtableTV

19 күн бұрын

Not yet. Castreau is saving that surprise for next year. 😒🙄😳

What if keeping the property longer but the capital gain inclusion rate increases again in the future?

@HuxtableTV

19 күн бұрын

That is a possible risk, less so with Pierre.

Vacancies will be taxed more forcing you to rent, love that.

@WahidKhawaja

2 ай бұрын

You want to scam others because they scammed you in this pyramid scheme?

@HuxtableTV

19 күн бұрын

They try to catch you, or rather, any money you make, very creatively.

This tax will kill economic.?????wants ruin canada.😢😢😢😢

Thats if the budget goes through But singh will pass it of course You don sell a property because of taxes If you have had it a long time. And if it creates a supply issue even more so

Trudeau says it is question of fairness. If that is the case why he did not he raise capital gains tax 9 years earlier during his first budget. It was not fair then and it is not fair now. Canada will lose investments which will be more than the taxes Trudeau will be collecting. Ripple effects on our economy will be drastic . Both Trudeau and Freeland needs to take high school level courses on economics. It is very sad when we choose politicians who are not qualified to their job. Both would have been thrown out if they worked for a private company.

@HuxtableTV

19 күн бұрын

Exactly. They do not know what they are doing, they are clueless. It is like toddlers driving a Cadillac.

Good video, but I don't think people sitting on $400,000+ in capital gains on condos bought before 2017 are going to let a slightly higher tax prevent them from selling if they want to just divest for life purposes, financial reasons, etc. It's still a *huge* amount of cash

Despite all the financial struggles i and my family faced, everything is finally falling into place! $47,000 weekly profit and riches I'll always praise the Lord

@JacobMuhammad-fe6nq

2 ай бұрын

Wow! Kind of in shock you mentioned expert, Angela danielle crowe. What a coincidence!!

@melia588

2 ай бұрын

Angela Danielle has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of life's

@jacquelynbaker1140

2 ай бұрын

I use to work 3 jobs, full time at Walmart, a server at night and Lyft on the weekend, untill angela danielle crowe change my story.

@neshabrown6750

2 ай бұрын

Such a genuine personality!!, Sincerely speaking. I will continue to trade and stick to Angela Danielle daily signals and guides as long as it works well for me🇮🇪😇😇

@harlenajones5721

2 ай бұрын

This sounds so good and I would like to be a party to this, is there any way I can speak with her?

°I know nothing about trading /investment and l'm keen on getting started. What are some strategies to get started with?

@LauraMills99

2 ай бұрын

As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultant

@LauraMills99

2 ай бұрын

Mrs Kathy Lynne Colby

@CassieH4

2 ай бұрын

This is correct, Kathy's strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started..

@IIQ-x83

2 ай бұрын

Kathy is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.

@felipejones

2 ай бұрын

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional

Flee Canada, hopeless😢

@Carolinapetroska

2 ай бұрын

I did, as many other wise individuals did too, because I saw all this sh-- coming. It gets worse every year and Canada has become totally uninteresting as a country. Total waste of energy, time and money....

no u dont

Leave the country, this is my advice and thanks for great video .

@dwights1024

2 ай бұрын

Okay then u leave see ya

@samzip1582

2 ай бұрын

@@dwights1024 Enjoy the taxes lol , bye

time to sell and leave the country?

if investors don't sell or rent, they are losing money. Greedy investors won't lose money.

@dwights1024

2 ай бұрын

Ignorance at its finest right here

Great, all social democracies tax capital gains, no free ride for the rich!

@HuxtableTV

19 күн бұрын

Taxing capital gains on a property where the price highly inflated in 40 years means that the person is going "backwards". He will not be able to buy a similar value with his money left after taxation. Inflation is a tax in itself, even though not called that way. Paying capital gain tax on top amounts to double if not triple taxation. Tx on tax on tax = compounded tax demands.

Rich people crying they don't want to pay their fair share, eat the rich

@W1thcdoctor1987

2 ай бұрын

Not all landlords are "rich". But since 80 percent of Gen-Z families don't qualify for a mortgage loan, they MUST become tenants. So wait a few more years and you'll see who is crying. It won't be the landlords. The lesson in all this for the federal government is that you cannot tax your way into prosperity.

@freiheitsfighter3051

2 ай бұрын

"fair share" you got sucked in by Trudeau, what is supposed to be "rich" is inflation, I could live without it. No inflation, no capital gains. I have a small second home, want to leave it to my grandkids, capital gains because inflation jacked up the numbers. The tax is real dollar, where are they supposed to come from ?

@HuxtableTV

19 күн бұрын

Eat the stupid, who thinks people who expand energy and apply themselves relentlessly are rich.