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can I sell my home for as much as possible?
My Value as a Buyer's Agent
- Property tax on a home with a legal suite is higher than on a home with an illegal suite
- The interest portion of your investment property's mortgage payment is tax deductible, while your own home's is not. Therefore if you are wanting to pay down a mortgage, pay down your own home's first!
- New mortgage rules in Canada state that you must have a minimum 20% down payment to purchase an investment property.... not a bad idea regardless.