Posted on Tuesday, March 03, 2015 at 9:17 am CST
The financial online magazine "GetSmartAboutMoney.ca" advises Canadian residents that real estate can be their most profitable investment for the future. In the article "Investing in a rental property: The pros and cons" their finance experts advise, "There are several definite benefits to purchasing property as an investment in your portfolio. This can be for a condo that will be rented out to tenants, a house one buys for resale at a later date or in the purchase of a property that one decides to utilize as their own home. As with any large and life-changing purchase, speak to your personal accountant and attorney before finalizing any deal."
Source: Condos Canada