Tag Archives for " why not invest in real estate "

May 16

Why not to invest in real estate

By Bruce Firestone | Uncategorized

real estate’s downside A client asked me, “Why wouldn’t I invest in real estate, Prof Bruce? What are the downsides?” Here are some reasons: a) Transaction costs are significant especially if you trade frequently. Transaction costs include: legal fees on completion, accounting fees, Land Transfer Taxes, adjustments on closing (e.g., for pre-paid realty taxes), HST […]

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