A Bed & Breakfast (B&B) can generate income to pay down a mortgage and allow you to meet people from other parts of Canada and around the world. It can be a very rewarding experience in many ways, especially if you and your home meet some important criteria.1. Is your property in the right location for a B&B?Location is a key consideration. Ideally, you should live in a community that attracts tourists and is located near a major attraction such as a ski hill, a beach, an amusement park, or even a unive... read more

When weighing the options involved in purchasing a home, there are emotional and financial factors to consider. Most people can easily articulate their emotions such as a desire to be free of a landlord, to decorate and renovate as they wish, to set down roots in and enjoy the pride of homeownership. Financial considerations can be more complex and less obvious.One of the main benefits of homeownership is tax-free capital gains. If a buyer purchases a home for $200,000 and sells it for $325,000, they can enjoy $125... read more