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Interest Rate Cuts and Construction Growth
The recent reduction in interest rates by the Bank of Canada presents an opportunity for construction companies in Ottawa to capitalize on more favorable financing conditions. Until recently, high borrowing costs and stringent loan conditions posed significant
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New Rules for Airbnb and Other Short-Term Rental Owners
Will You Be Entitled to Deduct Your Expenses in 2024? If you rent your cottage, your vacation home, your condo, your house or any other residential property for short periods of time using Airbnb or another platform, staying compliant with local regulations is more
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Building a Business Case for Affordable Housing Projects in Ontario
For construction companies considering affordable housing projects in Ontario, there are several key factors to consider when building a business case. While these projects may present unique challenges, recent government initiatives and tax incentives have created new
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COVID-19 Impact on Commercial Real Estate in Ottawa
In this video series, GGFL’s Natalie Evans and Sarah Vandenbelt of Koble Commercial Real Estate & Brokerage discuss the impact COVID-19 is having on the commercial real estate market in Ottawa. Key issues addressed for both tenants and landlords
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Builders Beware! – Possible HST Implications on Used Residential Complexes
Buying, renovating, and then renting (or selling) existing properties is a significant business. But, what many first-time investors or builders might not know is, “substantial renovations” to existing properties are not
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Changing Personal Real Estate to Income Property and Vice Versa
Deciding to move can always be a challenge. What happens if you decide to move but instead of selling your home, you rent it out to tenants? Or you decide now that the kids are all grown up that you want to sell your home in the suburbs and live in your downtown
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