RE/MAX Condos Plus

RE/MAX Condos Plus is the premier brokerage in the Toronto Downtown Market. Recently it merged with RE/MAX Ultimate with Tim Syrianos as Broker/Owner

[RE/MAX Condos Plus @Remaxcondosplus]

@KurtSupeCPA That happened to me in my forties. Own your next Job is a book I wrote about buying a business not searching for a job.

[RE/MAX Condos Plus @Remaxcondosplus]

@JimChuong Own your next Job a book about buying a business rather than searching for work when - not if - you get fired

[RE/MAX Condos Plus @Remaxcondosplus]

@JimChuong It will take 6 yrs

[RE/MAX Condos Plus @Remaxcondosplus]

@SteveSaretsky If you flip a property you are deemed to be in the business and the Feds tax profits as income. Is the BC tax after paying Fed taxes? If a principal residence, can you now deduct all expenses (utilities, property taxes, etc) against any profits? Bad idea

[RE/MAX Condos Plus @Remaxcondosplus]

We thought we would be the first out with our 2024 RE Market Forecast. Our last Forecast ever! So you don't have to throw bricks!! https://t.co/AFOyLlxZ1l

[RE/MAX Condos Plus @Remaxcondosplus]

@RE_MarketWatch Or just increase the sales tax and have no income tax. The more you buy, the more you pay.

[RE/MAX Condos Plus @Remaxcondosplus]

@jesse_kleine the question is whether Macklem has ever been right??

[RE/MAX Condos Plus @Remaxcondosplus]

@doughoyes We are in a recession. Only the Feds doesn't know it. Full employment for Government employees. Everyone else???

[RE/MAX Condos Plus @Remaxcondosplus]

Last monthly Market Report. See our take on Renting vs. Buying. https://t.co/FaH3RrQhM7

[RE/MAX Condos Plus @Remaxcondosplus]

I have been away from twitter or X for the past couple of months as I contemplate both the medium and my real estate future. I have decided that I have reached my ‘best before’ date. Please watch my video which shares a couple of historic real events.

[RE/MAX Condos Plus @Remaxcondosplus]

Watch “JAMIE JOHNSTON” on #Vimeo https://t.co/Qf529XaKgx

The Fifth Quarter or time to move on as I announce my retirement from organized real estate at the end of the year. Be sure to watch the story at the end of the video.

[RE/MAX Condos Plus @Remaxcondosplus]

@ScrinkoCa So true. Never been to a site that isn't at least 50% sold. The only true pre-con stats are registrations.

[RE/MAX Condos Plus @Remaxcondosplus]

@Neil_Uttamsingh Yes CREA lobbied for this and it looked like Harper was on side.

[RE/MAX Condos Plus @Remaxcondosplus]

Another reason why we have low sales: if an investor has positive cash flow he will just sit. If they sell they pay capital gains tax before they buy another property. We need 'roll over' provisions like they have in the U.S. And we keep hearing how cheap U.S. housing is.

[RE/MAX Condos Plus @Remaxcondosplus]

You send this to @oliviachow

[Vince Gaetano @VinceGaetano]

Olivia Chow should be doing this down at Nathan Phillips Square on weekends….

[RE/MAX Condos Plus @Remaxcondosplus]

@Crash_IRA @Chef_R3d I have never asked the Government for a bail out. My beef is that the BoC told everybody low rates were here for a couple of years, They should never have lowered them as much. They should have started raising much earlier and at a lower rate of increase.

[RE/MAX Condos Plus @Remaxcondosplus]

Another reason why RE market is slow: people can't move even if they want to. A friend wanted to upgrade & went to his banker to get pre-approved. He was told you can't move. You could not get approved for your current mortgage on your house either. Now that is 'stress'.

[RE/MAX Condos Plus @Remaxcondosplus]

@RealSalluKhan Spoken like a true renter. Do you really think that increasing taxes will make people want to pay more?

[RE/MAX Condos Plus @Remaxcondosplus]

Tenants are quick to point out that you cannot discriminate based on income. Is that a human rights violation? What do you call an owner being turned down over income for a mortgage? Human rights or sound business practice by a lender?

[RE/MAX Condos Plus @Remaxcondosplus]

@Neil_Uttamsingh the only rationale is they get their taxes sooner. The argument for the roll over is that it encourages new and bigger investments.

[RE/MAX Condos Plus @Remaxcondosplus]

@NipseyHoussle And housing costs are driven by Government ineptitude. New construction has 25% built in costs. Zoning limits. Massive immigration. Finally 6% borrowing costs and we get high rents and high housing costs. That is where the buck stops.