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You don't need to sell off stocks to invest in more real estate. Even small-time investors can get margin loans (or use them as collateral) to finance mortgage
by mywittyname 5y ago
You don't need to sell off stocks to invest in more real estate. Even small-time investors can get margin loans (or use them as collateral) to finance mortgages while avoiding the tax implications of liquidating investments.
- klyrs 5y agoYeah, that loophole really needs to get closed. Meanwhile, Canada is focused on foreign buyers who are too lazy to set up dummy corps... https://www.thebeaverton.com/2022/04/canada-to-ban-foreign-homebuyers-who-refuse-to-set-up-dummy-corporations/ https://www.thebeaverton.com/2022/04/canada-to-ban-foreign-h... (article is satire but perversely accurate)