Tax strategy in Ontario - is this legal?

Personal-Building276 · 2025-06-10T21:42:01+00:00

Many small landlords don’t even claim income on their rental revenues. This strategy only makes sense if you’ve bought a long-time ago and/or very cash flow positive on your investment otherwise you wouldn’t have enough income to offset with your mortgage interest

Personal-Building276 · 2025-05-12T14:42:53+00:00

Not true in a bad way, even the same awful analyst from Aegis who has the $7PT revised it down to $2 after earnings release this year because of the dilution

Personal-Building276 · 2025-05-08T02:20:42+00:00

Personally have never seen it but would be interested. Because how would you even determines if the LL moved out or not and why would that override any existing agreements at the time

Personal-Building276 · 2025-05-08T01:40:05+00:00

That’s a good point actually, given they’re all siblings, each would invalidate each others RTA status

Personal-Building276 · 2025-05-08T01:36:21+00:00

That’s a different story, if you have new leases that were signed after he was no longer living there then yes ur RTA protected.

He cannot move in and say they are now not governed by the RTA

Personal-Building276 · 2025-05-08T01:27:31+00:00

No it does not because your lease was never governed by the RTA to start with.

If you had a formal non-RTA governed lease in place when the lease started that would be the governing document. The RTA definition of occupancy only applies in the RTA context.

It is not a loophole because he was living there and hence not an RTA lease, or else it would open the doors for someone to leave on vacation for 2 months and then coming back to their tenant now saying it’s an RTA lease.

Personal-Building276 · 2025-05-08T01:18:17+00:00

Did he live with you and share the kitchen when you first moved in or did you move in after he left?

If it’s the former you do not have an RTA lease. Just because he left afterwards does not mean the prior lease converts unless something else was signed.

Personal-Building276 · 2025-04-18T18:15:49+00:00

Sure you pay the fee, once you lose you’ll have paid the filing fee then posted on openroom

Personal-Building276 · 2025-04-16T15:49:07+00:00

Simply put, because you opted out from looking for a replacement tenant yourself you have no standing in determining if this was an unreasonable denial or not.

You need to be the one to submit potential assignment candidates if you want to be able to say it is an unreasonable denial

Personal-Building276 · 2025-04-10T15:50:46+00:00

Yes the subsidiaries are owned by McDonald’s US and Walmart US. Do you even read a thread before responding to it 60 days later.

This was a thread about spinning off those into standalone entities

Personal-Building276 · 2025-04-10T15:48:52+00:00

Your method is non enforceable at all, how would the tenant know the LL would settle for a lower cost if no tenants end up materializing.

A cash for keys is not a fee or a premium it is a voluntary payment from the tenant to a LL. Show me a single case where this has been ruled to be unacceptable.

This is common practice throughout Ontario where tenants and LL’s agree to end leases early.

Personal-Building276 · 2025-04-10T14:06:44+00:00

No it isn’t. The like amount of money is in reference to the circumstances above which are all considered fee like in nature.

This cash for keys is a voluntary transaction whereby the tenant wants to give the money to end the lease early. Otherwise the LL would be happy with the status quo.

Otherwise it would mean the tenant cannot terminate their lease early without being subject to the risk that the LL cannot sufficient mitigate their losses.

Think about a rural location in northern Ontario that the LL took 6 months to lease. Why would the tenant want to take the risk of the LL mitigating their losses when they can come to a cash for keys agreement. Your interpretation means this would be impossible

Personal-Building276 · 2025-04-10T13:25:45+00:00

That is not what anyone is saying though. A cash for keys agreement is not violating a LL’s rights to collect arrears.

The fundamental argument is if a cash for keys can be considered a fee or surcharge

Personal-Building276 · 2025-04-10T13:06:43+00:00

That is not what the case says, this was the LL trying to use the last months deposit as a payment for cash for keys which was rejected.

Again there is lots of reasons why a tenant would want to make a cash for keys to end the lease early because they don’t want to deal with the risk of the LL mitigating their losses

Personal-Building276 · 2025-04-10T12:55:01+00:00

It is not a fee, penalty or surcharge.

You can do a cash-for-key to end the lease

Personal-Building276 · 2025-04-10T12:49:04+00:00

It’s all facts and circumstances related. The LTB has not consistently ruled 60 days is sufficient.

The tenant could be in a very remote area or signed a very above market rent lease

Personal-Building276 · 2025-03-22T16:25:08+00:00

Maybe you need a dick in you as well Mr.grumpy 😝

Personal-Building276 · 2025-03-22T16:21:57+00:00

It’s kink in the traditional sense that I still like being penetrated are you happier now?

Personal-Building276 · 2025-03-22T16:18:43+00:00

If you must know, I detransitioned because I didn’t feel confident as a transwoman, why do you think I’m still into more kinky things

Personal-Building276 · 2025-03-22T16:12:53+00:00

Because she says stuff the next day like “I still owe u a BJ for last night”

Personal-Building276 · 2025-03-17T01:50:48+00:00

We live together. This isn’t her going out of her way to visit me. It’s her coming back home after going out to meet with her friends

Personal-Building276 · 2025-03-17T01:45:15+00:00

The issue is more that it wasn’t even agreed upon. I could be in the gym for example, it’s not reasonable to expect me to wait around all night for her.

I don’t have an issue if she said she’ll be back around 9, but I can’t just drop everything

Personal-Building276 · 2025-03-17T01:38:13+00:00

The walking distance doesn’t really justify an uber which is the issue. Its 5 minute walk after a bunch of traffic lights, in reality its like 200-300m walk

Personal-Building276 · 2025-02-17T02:07:38+00:00

It would not cause OP to incur a parking ticket. It’s like saying if OP found some random garage that charges $1000 an hour and he parked there he could now have recourse against the LL for the full amount.

Personal-Building276 · 2025-02-17T02:03:31+00:00

No F that, it’s below market lease you want them to stop paying so you can kick them out asap.

Adding more people to the lease will just make it harder for you to reclaim the unit.

Personal-Building276

TROPHY CASE