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September 2023

Mortgages

Reporting Basement Suite Rental Income

Navigating the Tax Implications of Becoming a Landlord Renting out a basement suite can be a lucrative source of supplemental income for homeowners. However, along with the benefits of being a landlord comes the responsibility of reporting rental income accurately to the Canada Revenue Agency (CRA). Failure to comply with Read more…

By drivemortgage.com, 2 yearsSeptember 22, 2023 ago
Real Estate

10 Actionable Steps to Improve Your Credit Score

Your credit score is a crucial factor that lenders consider when you apply for loans, credit cards, or mortgages. A higher score not only increases your chances of approval but also helps you secure more favorable interest rates. If you’re looking to boost your creditworthiness, here are ten actionable steps Read more…

By drivemortgage.com, 2 yearsSeptember 13, 2023 ago
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