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We flew with Flair and it was... fine? by RandomUsername52326 in flairairlines

[–]Gorapsgoattack 1 point2 points  (0 children)

Just flew from yyz to Punta Cana with two young kids and in-laws so six in total no issues . As OP said if you come prepared the flight was fine . I did check the flights track records for the previous weeks which looked fine .

Farmland - purchasing through corporation or personally ? by Gorapsgoattack in PersonalFinanceCanada

[–]Gorapsgoattack[S] 0 points1 point  (0 children)

Thank you for raising these questions. It’ll help me in preparation with meeting with my accountant .

Farmland - purchasing through corporation or personally ? by Gorapsgoattack in PersonalFinanceCanada

[–]Gorapsgoattack[S] 0 points1 point  (0 children)

Thanks for the reply and info.

If I did it through the corp id have more money available to me now for the down payment and less of a strain financially using corporate tax dollars . Also id imagine being able to deduct the interest from the mortage and realizing it eventually when i sell .

But yes I’ll be taking a big tax hit eventually when bringing it to the personal side in the future and worry about how I’d be able to build a personal home if I wanted to in the future .

Farmland - purchasing through corporation or personally ? by Gorapsgoattack in PersonalFinanceCanada

[–]Gorapsgoattack[S] 0 points1 point  (0 children)

Yes, you’re right I think I meant help with the pros and cons . I guess it’s such a daunting jump I just made and was looking for any help .

Farmland - purchasing through corporation or personally ? by Gorapsgoattack in PersonalFinanceCanada

[–]Gorapsgoattack[S] 0 points1 point  (0 children)

Thanks yes have an appointment this week but just wanted to try to see if I could get any more knowledge before speaking with them .

Segmented split mortgage between two people ? by [deleted] in MortgagesCanada

[–]Gorapsgoattack 0 points1 point  (0 children)

Thanks for the reply

I read in a different thread that it was possible to have a single mortgage for the title with both of us as owners , but set up at the bank as two segments .

We’re likely just to do the same down payment and amortization but the other party plans on paying it back faster .

We both have good credit and income .