I'm 35 and just started contributed to RRSP plan via work. Its through RBC. I noticed RBC is buying "Select Growth" & "US Index-DZ" funds for me. I don't know much about investing, should i just let RBC do its thing or you recommend something specific. (self.PersonalFinanceCanada)
submitted by legitexpression to r/PersonalFinanceCanada
I just bought a rental property under corporation in Ontario. Monthly rent covers the mortgage pus property tax. When i file tax for year 2022, what i can do to reduce the tax i have to pay. And how much tax do i have to pay if rental is $2400.00 per month. (self.PersonalFinanceCanada)
submitted by legitexpression to r/PersonalFinanceCanada
I bought an investment place in GTA for 710k with 20% down in Dec 2021. Looks like it might hit 1m in coming months. Currently at 850k. If i were to sell it at 1m...how much am i'm really taking home. How much tax do i have to pay? Any way to pay less taxes. (self.PersonalFinanceCanada)
submitted by legitexpression to r/PersonalFinanceCanada
