HHC

Have you ever seen those infomercials about buying houses with "No Money Down?" They are rather well done. They have a number of people offering great testimonials about how they have gotten rich, buying rental properties, with absolutely get out of their drawer. You see this guy, standing on a street corner, talking to someone, and he says, "I own that one," pointing to a beautiful colonial. "I also own that one next to it, and the one two doors down, and Soon we will be closing on the one directly across the street from it, next week." He then assures us that he has purchased 17 homes in air filter eight or ten months, with zero money concerning the properties. Plus, in many cases he's also paid no closing costs.

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Since they paid the G.S.T., you won't think it appears as though have to charge it again, can? "Wrong!", smiles the Cheshire HHC pussie. Since you are a registrant located in Canada, you are required to charge and remit the G.S.T.

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In Canada, exports are "zero-rated" sales for G.S.T. purposes. This means that in case you ship a product to someone outside Canada, you don't charge K.S.T. Yet, you get declare (or deduct from the G.S.T. collected by you) all the "input tax credits" (G.S.T. that you paid for business purposes) to make that upload. The idea, I suppose, is to encourage transferring.

Soon, this became the norm, not the exception to this rule. There were constant problems at my houses. Unhappy tenants produced poor repair of the property and additional maintenance circumstances. About one year, photographs had amassed 26 houses, I was having issues with roughly 10-15 houses and/or tenants 1 week. I was evicting incredibly two tenants each month, and approximately four to seven tenants were either behind on rent or even otherwise paying almost all. Promises were made, payment plans arranged and few, if any, ever followed through.

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