GOOD USES FOR FLOW THROUGHS

There are many benefits to utilizing Flow Through Shares. Here are some of them:

1.       Utilization of capital losses

2.       RRSP meltdown

3.       One time or large income years

4.       Eliminate OAS Claw Backs

5.       Become eligible for tax credits due to lower income

6.       Corporations with large income years

If you have any questions about flow throughs, please send me a message through the ask the gurus section! Look forward to hearing from you!

FLOW THROUGHS: A unique Canadian invention

Flow Through has been around in Canada since the 1950’s, and has stood the test of time.  This is an original alternative investment strategy that has been used by the super rich for decades. 

What is the difference between a Flow Through Share and a Super Flow Through Share?

Both Flow Through shares give you nearly 100% of your participation amount as a tax deduction.  The main differences are

1.       Flow Through Shares are in the Oil & Gas Industry

2.       Super Flow Through Shares are in the Mining Industry and give you an extra 15% Tax Credit on top of the tax deduction.

Housing Market to Rebound This Year and Next

OTTAWA — Canada’s housing market is expected to see a strong rebound in the second half of this year and into 2010, the federal housing agency said Thursday.

Housing starts will reach 141,900 this year and increase to 150,300 for 2010, according to Canada Mortgage and Housing Corporation.

“Improving activity on the resale market and lower inventory levels in both the new and existing home markets are expected to prompt builders to increase residential construction,” CMHC said.

Bob Dugan, CMHC’s chief economist, said “economic uncertainty and lower levels of employment tempered new housing construction in the first half of this year.”

“In the second half of 2009 and in 2010, we expect housing markets across Canada to strengthen.”

Meanwhile, CMHC said existing home sales have “rebounded strongly since January” and will total 420,700 units in 2009 and 419,400 units next year.

The average sales price is expected to be down for the entire year, to $301,400, before rising to $306,300 in 2010.

The CMHC’s third quarter Housing Market Outlook said Alberta housing starts are forecast to drop to 16,100 in 2009 from 29,164 last year but rebound to 18,250 starts in 2010.

Source: Calgary Herald

Social Media… Is it a fad?

Here’s a great video that shows you how social media is changing our world…!

What are your thoughts? How are you connected to Social Media?

August 2009 Video Real Estate Update

The first person to correctly locate what town I’m in will get a gift sent to them… please make your comment / guess below on the blog! Good Luck!

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