Hope you are all enjoying this great summer weather!
As you may have heard the interest rates have been dropping recently and we are already at 0.5% lower rate in the last few months with another decrease expected in September. This can only mean good news for the real estate market. We are expecting more buyers to start making offers on homes in the coming months especially with the Fall market around the corner which typically marks a new cycle of buying and selling before winter.
If you have any questions on what the interest rate drop can mean for you, please feel free to reach out to us by text/call at 647-208-6364.
Increase in Capital Gains Inclusion Rate
Change: Effective June 25, 2024, the capital gains inclusion rate will rise from 50% to 66.67% for trusts and corporations, impacting the taxation of capital gains. For individuals, the inclusion rate will also be increased to 66.67% but applicable only on annual capital gains above $250,000. The prior 50% inclusion rate will continue to apply on annual gains below the $250,000 threshold for individuals.
Strategic Planning Considerations
Consultation:
Engage with a tax advisor to navigate these changes effectively and tailor strategies to your specific financial situation.
Long-term Planning:
Assess the implications for retirement planning, estate management, and future investment decisions in light of these regulatory adjustments.
Also, we offer guarantees and assurances to our clients.
Our Offers:
Your Home Sold GUARANTEED or We'll Buy It!*
Sell Your Home with an 18-Month Warranty and Beat the Competition*
Negotiation Guaranteed: Save $10,000 or More Off List Price*
Buy Your Next Home with a 21-Month Warranty*
Homebuyers: FREE 50 Inches Plus TV or Bigger Flat Screen TV as a Closing Gift*
We just need to agree on the price and possession date with the seller.
Who do you know considering selling a home that would benefit from that kind of peace of mind?
Just let me know and we will give them a call…
We would like to offer them a FREE No Obligation to Move Consultation at www.meetjay.ca to discuss just how they can make their move, get what they want, and do it with the least hassle.
Just like we are thankful for you and your business, We are confident your referrals will be thanking you for steering them in the right direction to getting their home sold!!!
AND remember, YOUR referrals help the Homeless!
Thanksgiving homeless shelter food drive
Just like last year, we are on a mission to raise $10,000 for Homeless Shelters. Why do we help the homeless shelters? Well, because we sell homes for a living, it breaks our hearts to see people without a basic shelter over their heads and we take every opportunity to be able to make a difference to these shelters by donating a portion of our income towards this worthy cause and by doing yearly food & clothing drives for the shelters.
In Canada, The Salvation Army opened rescue homes and shelters in 1886. Today, they operate more than 50 emergency shelters across Canada and Bermuda and provide 4,800 emergency shelter, transitional, and supportive housing beds each night for men, women, youth, and families experiencing or at risk of homelessness.
And we love being a part of the good things on this planet!
So, YOUR REFERRALS REALLY DO HELP THE HOMELESS…
Who do you know considering buying or selling a home you could refer to our real estate sales team?
Not only will they benefit from our award-winning service, but you can rest assured we are also donating to a very worthy cause.
We want to make it easy to refer your friends, neighbors, associates, or family members considering making a move, so here are your options:
1. You can go to www.AskJay.ca/referrals and enter their contact info online or forward the link to someone you know considering a move.
2. Of course, you can always call us direct as well, at 647- 208-6364
Over the last two decades of helping thousands of families sell their homes and/or buy another, we have met some wonderful, loving, caring people. People like you!
To Discuss Your Home Sale or Purchase, Call or Text Today and Start Packing!
*Terms and Conditions Apply
Disclaimer: This information provides a general overview from Government of Canada information and is based on proposed legislation subject to revision. As a reminder, it does not constitute accounting, legal, or tax advice, and individual circumstances may require additional considerations not covered herein. For personalized advice, consult with a qualified professional.
