Archives for Homeowner tips

New Tax on Ottawa Airbnb Rentals

  Josh Pringle, CTV Morning Live. Published Wednesday, August 1, 2018 2:51AM EDT  Airbnb users are now paying a tax on their nightly rental in Ottawa. Starting today, Airbnb will collect a four per cent “municipal accommodation tax” on all Ottawa listings. The tax will then be remitted to the City of Ottawa to help support Ottawa tourism. Ottawa was the first Ontario city to enter into a Municipal Accommodation Tax collection agreement with Airbnb. In January, the City of Ottawa imposed a four per cent Municipal Accommodation Tax on hotel rooms in Ottawa.  The money is used to support the
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Income properties: How suite they might sound

  Do you have extra space in your home you’re not using? Or do you need an additional source of income? If you’ve been thinking about turning part of your home into an income suite, there’s some factors you should consider! Click here to see the pros and cons of building an extra unit in your home!  
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Keys to a high-performance home

  A high performance home isn’t just energy efficient. It provides a healthier environment for you and your family. Turn your attention to durability, value and health. But how is this done? When the home is built to be air tight, you need a method of cycling in fresh outdoor air, while exhausting the warm, moist air generated in your home by living in it (especially in kitchens and bathrooms). Enter the Heat Recovery Ventilator (HRV) which adjusts the temperature of the outdoor air to match your home, while expelling the moist indoor air. An HRV doesn’t perform the function
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A Critical Key Step for Sellers: Give Your Potential Buyers a Home They Would Want

If you’re selling your home there are several steps that should be taken care of before holding an open house. What is important is giving your potential buyers a home that they would want to live in, and can see themselves in. With that in mind, there are a few important factors to keep in mind, such as: making repairs, deep-cleaning your home, and making your home more efficient (i.e. heating & cooling). Click here to discover the necessary steps you should take when selling your home.  
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Buying a Home: What The Extras Cost

Contracts and rentals to consider in home ownership When it comes to buying a home, there are always additional fees to be considering when you make an offer. Typically, a first-time home buyer needs to be aware of the costs associated with buying a home – legal fees, mortgage rates, home insurance, closing costs, property taxes, land transfer fees…But what about those little extras not everyone considers? The contracts and rentals associated with the home such as furnaces, hot water tanks, and in some locations even your septic tanks – and what that could cost you. The main point is
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3 Tips For Making A Major Homeowners Insurance Claim

3 Tips For Making A Major Homeowners Insurance Claim Home insurance is one of the costs that come with home ownership. You pay your premiums to your insurance company and when disaster strikes, you expect that they will pay for most, if not all of the bill.  But will they? Here are 3 tips to help you get the most out of your homeowner’s insurance claim.   Know your limits, deductibles and what your coverage includes. Depending on your policy, your insurance company may or may not cover things like water damage. By reviewing your policy, you’ll know how much you
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3 Tips For Making A Major Homeowners Insurance Claim

3 Tips For Making A Major Homeowners Insurance Claim Home insurance is one of the costs that come with home ownership. You pay your premiums to your insurance company and when disaster strikes, you expect that they will pay for most, if not all of the bill.  But will they? Here are 3 tips to help you get the most out of your homeowner’s insurance claim.   Know your limits, deductibles and what your coverage includes. Depending on your policy, your insurance company may or may not cover things like water damage. By reviewing your policy, you’ll know how much you
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Understanding Property Taxes

Property taxes are a necessary part of owning property in Ontario. Anyone in Ontario who owns land or a property has to pay a certain amount of tax to the municipal government. Although these taxes are unpopular, as all taxes are, property taxes are important because they are the main revenue source for Ontario’s municipalities. Property taxes are separate from other forms of taxes, and the amount that each person owes is based on a unique assessment for their particular property and the tax rate of the municipality the property is in. How property taxes are determined for each individual
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Understanding Property Taxes

Property taxes are a necessary, though disliked part of owning property in Ontario. Anyone in Ontario who owns land or a property has to pay a certain amount of tax to the municipal government. Although these taxes are unpopular, as all taxes are, property taxes are important because they are the main revenue source for Ontario’s municipalities. Property taxes are separate from other forms of taxes, and the amount that each person owes is based on a unique assessment for their particular property and the tax rate of the municipality the property is in.   How property taxes are determined
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Technology is Evolving to Make Our Homes Smarter Than Ever Before

Technology is always evolving, and that new tech is making homes smarter while making life easier. Homes can be outfitted with seemingly futuristic gadgets such as smart ovens that help you be a better cook, smart mattresses that help you track your sleep, and mirrors that let you virtually try on clothing in the comfort of your own home. Not only incredible tech like that, but smarter lights, smarter security, and smarter basic home functions that can save you money and keep your safer. Click here to see what’s new in the world of smart home technology.  
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