New Year Cheer 2017
We hope the holidays and new year celebrations were great for you.
January 2017 is the start of great changes to come. We look forward to the ride with you.
Here's to another year of newsletters. Cheers!
Borrow RRSP @ 3.2% and Get Up to 40% Back in Taxes
Case Scenerio: 1. Borrow $10,000 to put into RRSP 2. Tax bracket - 40% 3. Borrowing rate - 3.2%
Cost of Borrowing: 1. $10,000 paid back over 1 year @ 3.2% = $174 Interest Paid
2. 10,000 paid back over 2 years @ 3.2% = $337 Interest Paid
Taxes Saved: $10,000 x 40% = $4000 Saved
Net Profit: 1 Year - $4000 - $174 = $3826 2 Year - $4000 - $337 = $3663
Deadline for Loan Applications Feb 25, 2016
Deadline for 2015 RRSP's Feb 29, 2016
Your senerio? Email me direct and I will crunch your numbers within 5 minutes.
Hotel Vancouver - Hotel 1 vs Hotel 2 vs Hotel 3
If you ever walked through Hotel Vancouver, you will notice pictures of Hotel Vancouver 1, Hotel Vancouver 2 and the current Hotel Vancouver 3.
When I used to look at pictures of hotel 2, something always seemed odd but I didn't think past it.
Well it turns out, Hotel Vancouver 2 and Hotel Vancouver 3 were built at different locations. I always thought they were built at the same location!
Hotel 1: Granville and West Georgia
Hotel 2: Howe and West Georgia
Hotel 3: Burrard and West Georgia
Here is a cool blog post on Hotel Vancouver:
http://www.miss604.com/2016/01/the-second-hotel-vancouver.html
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