6:30pm Doors Open ~ Networking
7:10 Jude Delsoin, Professional Coach | Poet | Writer | Performer
7:15pm Laure Ampilhac | Mortgage Agent & Certified Wealth Management Advisor
7:30 Ronald Klayman | CPA,CA, ALA, CFE with Q&A
8:30pm Aaron Charles, Realtor | Investor | Speaker
9:00pm – 10:00pm ~ Networking
Alex Bell, B.A.
Dalton Timmis, Home Insurance
Joel H. Mixa
Barrister and Solicitor
Sales Representative, Keller Williams Real Estate Associate, Brokerage
Real estate has been a hot investment area in Canada for quite some time now due to favorable economic conditions, immigration, and historically low interest rates. Canadians who have taken advantage of these conditions are sometimes confused about the measures they can take to reduce their tax burden.
Pros and Cons of Incorporating
Setting up a professional corporation can be easy and financially beneficial. But it doesn’t come without risks and potential pitfalls. Ronald Klayman will cover some of the most important benefits to incorporation in regard to tax planning and retirement, and a few drawbacks. Come and join us on March 30.
Capital Gains or Business Income in Real Estate?
Know the difference…
Thinking of flipping a property and reporting the profit as a capital gain? You may want to think again. Capital gains are generally favorable to business or property income for tax purposes because of the fact that only half of your capital gains are subject to income tax. While the sale of a property held for the purpose of generating rental income would normally be considered a capital gain, this is not always a black and white scenario. Come and learn more from Ronald Klayman on March 30.
More questions? Join us on March 30 and ask all your questions to a seasoned accountant, Ronald Klayman.
>> PRE CONSTRUCTION TOWNHOMES
Aaron Charles will show you how to create a 5 year plan: How to grow your real estate portfolio to generate an investment income for your retirement (early or not). After investing in rental properties in Hamilton, he discovered faster and more effortless ways investing in land development and pre-constructions.
He will also show investors how they can participate in REAP, the Real Estate Assistance Program. It is a comprehensive support system providing homebuyers with the knowledge, options, and finances needed to take the leap to home ownership. REAP supports newcomers to Canada, young families, and professionals and helps them map out and execute a plan that is unique to their financial situation.
“Knowledge is power. Information is liberating. Education is the premise of progress, in every society, in every family.” — Kofi Annan
GTA BUS TOUR | BOOK NOW | with Aaron Charles, DreamMaker Realty and Laure Ampilhac, iBrokerPower | May 7th and June 4th
10 SPOTS available ONLY. BOOK NOW!
$25 for the bus+ $10
CPA,CA, ALA, CFE
Ronald specializes in providing professional services for a variety of business sectors including real estate and construction, distribution, manufacturing, entertainment and professional practices including; medical, dental, legal.
Ronald has also received designations as a Certified Fraud Examiner and an Accredited Litigation and Valuation Specialist. Ronald provides forensic, valuations and litigation support services for the firm.
Ronald is actively involved in the community and serves as a board member for various not-for-profit organizations. Is a member of The Institute of Chartered Accountants of Ontario, The Association of Certified Fraud Examiners and the Canadian Litigation Accounting & Valuation Institute.
While some accounting firms can seem indifferent, our clients appreciate the personal and pro-active approach of our team. Your business relationship with our firm is approached in the spirit of a true partnership and we try to align ourselves with your entrepreneurial vision. As a result, we tailor your needs for financial success.So whether you’re planning a new business or selling an old one; forming a partnership or incorporating; just breaking even or deep in the red – whatever your present situation or future goals, Klayman & Company can help. If you would like to know more about our services, please contact us. We would be happy to arrange a no-obligation, no-cost meeting to introduce ourselves and explore your particular needs:
KLAYMAN & COMPANY
Ronald Klayman, CPA,CA
150 Ferrand Dr. Suite 1502
Toronto, On M3C 3E5
After 15 years as a Business development Executive in France and Canada, Laure left the corporate world during the 2009 recession, to follow a new path.Robert Kiyosaki’s Rich Dad Education led her to a career in Real Estate Investing, creating multiple sources of active and passive income. Laure is a real estate entrepreneur, a property manager, a mortgage agent and now a Certified Wealth Management Advisor.
Her expertise and her passion for Early Retirement has allowed her to mentor and empower home-owners to acquire more properties and build a long-term retirement strategy using their home equity, life savings and Registered Retirement Savings Plans (RRSP, LIRA, TFSA).
– Income properties (for Cash flow)
– Investing in Private mortgages (Become a Money Lender)*
– MIC (Mortgage Investment Corporation)*
– Real Estate Investment Groups (Syndications and Private Equity)
** RSP-eligible investments
Realtor | Investor | Speaker
The saying goes that, “every man is the architect of his future.” Aaron Charles’ passion for real estate lies in not only in constructing a solid and impactful foundation for his vision but also in his commitment to actualize the dreams of the individuals and families who he works with to help secure their biggest investment. To create, design and build a solid groundwork for any venture, one must have a big vision – a trait that Charles prides himself on possessing. The ability to see the bigger picture despite small instances, setbacks and obstacles is what has been the cornerstone of Charles’ success. His simplistic approach to real estate is a principle that he applies to life as well – buy low, sell high. In life you have to build from the ground up but aim high. www.aaroncharles.ca www.reapinc.ca www.dreammakerrealty.ca
ABOUT JUDE DELSOIN (intro)
Jude Delsoin, Professional Coach | Poet | Writer | Performer
Jude M. Delsoin, is professional coach, poet, writer and performer, she has had a direct
impact on people’s lives, leaving her mark as a confidence-booster. She uses French, Creole, and
English for her work. Jude is poetically able to bring you into another dimension of thinking. We
see her on Rogers’s television as a guest speaker for The Bourgeoisie Show. She was also invited to
TFO at Panorama « Un autre point de vue ». She also married her coaching skills and poetic
talents to create and facilitate inspirational workshops for different organizations such
as The Toronto District School Board, TDSB, La Bonne Affaire, Toronto Poets, etc. She coaches
youth at risk for The PACT Urban Peace Program an organization whose mandate is to create
urban peace. She gives back to the community through her involvement with the Group of Haitian
Professionals in Toronto, GPHT.
ONLINE TICKETS ($20)
Real Estate Mixer: 2 topics ➽Taxation with a CPA and Pre-Construction TownHomes
Wednesday, Mar 30, 2016, 6:30 PM
Geary Lane 360 Geary avenue Toronto, ON
29 Real Estate Investors Went
Six Degrees Real Estate MixerCome learn about:➽ 2 topics on Taxation: Incorporating Your Real Estate Assets | Capital gains Presented by Ronald Klayman➽ Pre-Construction TownHomes: Real Estate Strategies to Grow Your Portfolio Presented by Aaron Charles…Opportunity to Network with like-minded investorsWhen: Wednesday, March 30,[masked]:30 PM…
Six degrees of separation is the theory that everyone and everything is six or fewer steps away, by way of introduction, from any other person in the world, so that a chain of “a friend of a friend” statements can be made to connect any two people in a maximum of six steps.
The Real Estate Mixers are designed to educate & connect home-owners and investors in an intimate and warm environment.
If you are interested in learning more about how to invest in an rental property/multiplex (active investing) or invest your RRSP/Cash savings in alternatives investment vehicles in real estate (passive investing), then you have come to the right place.
The aim of these evenings is to create a space for like-minded people with an interest for real estate and investing Come and learn about money lending (private mortgages), MICs, Real Estate Investment Groups/Private Equity Funds and more.
HOSTED NETWORKING EVENTS
Laure will be there to connect you with the professional, lender, investor that you have been looking for your project, real estate transaction or investment. Come to us during the networking event and we will introduce you to the right person! See you there.
Realtor | Investor | Speaker
Stacked Town Home Pre | Construction
Builder’s VIP pricing
THE BENEFITS OF INVESTING IN THE REAL ESTATE ASSET CLASS:
#1. Cash Flow
A big advantage real estate has over other investments, is that it can produce cash flow on a monthly basis. Positive cash flow is derived from the revenue collected in the form of rent and laundry income minus expenditures required to pay for and operate the building. The cash generated by a real estate investment will always be a much larger percentage cash-on-cash return than any other investment. The reason for this is leverage.
Leverage is the ultimate power of investing, and the fact is that there is no investment where the application of this tool is more powerful than real estate. In real estate the leverage is based on the asset itself, and even the notoriously conservative banks will loan up to 75-80 percent and sometimes higher of the total asset value. Banks are comfortable lending large sums of money for the purchase of real estate because they know it is one of the safest and most profitable investments available. Also when you leverage an investment, you reap the benefits of appreciation on the total asset value, while only having a small percentage of your own money in the deal.
Real estate generally is a long term investment, and its benefits are best realized over the long term. It takes time for real estate to appreciate in value; however, while the property is appreciating the residents are paying down the mortgage. On top of this the rental income grows on a percentage annual basis.
The average compounded annual increase in real estate nationally has been 5% per year for the last 25 plus years, since 1980. Depending on the real estate cycle at any given time, the geographic location and type of property, the percentage annual increase could be substantially higher of course. Residential real estate appreciates more than the annual rate of inflation over time.
#4. Hedge Against Inflation
Many people feel that the commonsense thing to do is to take your money and put it into a savings bond or bank account that yields 2 to 3 percent per year. The main argument for this type of investing is that it is “safer” than real estate or other types of investments. The problem with this strategy is that you do not make any money, due to inflation.
Inflation is the price we pay for goods measured against a standard of ability to purchase those goods. The long term average of inflation has been nearly 3.5 percent since 1913, the year it began being tracked. That means that putting your money into a bank investment or account that yields only 2 to 3 percent, earns you no purchasing power in the future. You are actually losing wealth because inflation is higher than your returns. The gain in interest is wiped out by the rising cost of living. You are not becoming wealthier, you are becoming poorer because the cost of goods is growing faster than the value of your money.
The beauty of real estate is that it is a tangible asset-a good. Meaning it will generally rise either at the rate of inflation or much higher. Historically real estate has risen at 5 percent per year -a full 2 to 3 percent higher than inflation. And that is just appreciation. That does not take into account the cash flow generated, nor the tax advantages such as depreciation, refinance, and tax deductible mortgage interest.
Depreciation is an income tax deduction that allows a taxpayer to recover the cost of wear and tear, deterioration, or obsolescence on an annual basis. For real estate, it is a nonoperational expense that can be used to your advantage come tax time.
Another advantage of real estate over other investments is the ability to withdraw cash through a refinance of the property. This, too, is a tax shelter. When you refinance a property you are restructuring your existing mortgage debt based on the added value of the property. Refinancing also allows for investors to pull their initial investment out, while still continuing to have a vested interest in the property, creating a cash-on-cash return of infinite because the capital investment is zero!
#7. Asset Protection
There are a number of ways to legally protect a real estate investment that cannot be utilized by other investments like stocks and bonds. If a stock or bond company has a bad year, and suffers losses, the individual investor is simply out of luck. Real estate is one of the few investments that can be insured and protected from damage caused for whatever reason. By having the proper insurance coverage, you are able to claim losses for the actual value of the asset before the loss, and during the loss.
Another distinct legal advantage of real estate is that it can be placed into a corporation or family trust that allow you to protect your personal wealth by individualizing and protecting your assets in an event of a lawsuit. There are also distinct tax advantages.
#8. Physical Asset
Real estate is a physical asset, that cannot be traded by a click of a button by an online brokerage. You can physically walk the grounds of the property, and inspect the building. As such, it’s not subject to the volatility of other investments like stocks, where change can happen fast. You are not at the mercy of the company’s public relations department, waiting to hear from them. Meaning, if the company announces poor earnings for a quarter, the stock will drop suddenly with little warning. Your only option is the react, but not before you’ve lost a substantial sum.
Real estate is different. While it still has its ups and downs, for the most part real estate takes a more tortoise like approach: slow and steady wins the race. By paying attention, and knowing what to look for, we can see the trends that lead to changes in the market, well before they happen. Allowing us to formulate an investment plan on how to change operations or to sell. This in turn maximizes our return on investment or cash-on-cash return.