tag:blogger.com,1999:blog-4402283548766807872.post5572509515400281175..comments2024-03-20T02:26:06.500-04:00Comments on The Blunt Bean Counter: Common Investment ErrorsThe Blunt Bean Counterhttp://www.blogger.com/profile/11358868550072516313noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-4402283548766807872.post-77215838545654902332018-03-09T16:56:54.481-05:002018-03-09T16:56:54.481-05:00Hi Anon
Your advisor should be sending you a summ...Hi Anon<br /><br />Your advisor should be sending you a summary of deductible fees paid for 2017, if not ask for it. The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-33623880308640153112018-03-09T08:18:32.971-05:002018-03-09T08:18:32.971-05:00I was charged $1500 in advisor fees for 4th quarte...I was charged $1500 in advisor fees for 4th quarter of 2017 in a non-registered fee-based account. This Fee was PAID in mid-January 2018. Do I report it as a carrying charge (Line 221) on my 2017 Income Tax return or must I report it on my 2018 Tax return?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-61595713819585048172015-10-25T16:35:23.025-04:002015-10-25T16:35:23.025-04:00Hi Unknown
I do not provide tax planning advice o...Hi Unknown<br /><br />I do not provide tax planning advice on the blog. That being said, your plan does not make sense and has issues. If you wish to tax plan as a non-resident I would engage an accountant so you dont create tax issuesThe Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-67872790489309770172015-10-23T16:34:39.765-04:002015-10-23T16:34:39.765-04:00Does this plan an investment error? The goal is to...Does this plan an investment error? The goal is to get interest deductibility on a second mortgage. Can a non-resident of Canada open a corporation, take a shareholder's loan, add it to income, pay the extra tax personally and then have money to cover the down payment on a house? Is the interest in the company deductible? Since the corporation has no income, I expect I am into a investment error. Please comment. DavidAnonymoushttps://www.blogger.com/profile/08382256643665562507noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-32056130646848482872014-02-19T20:32:33.907-05:002014-02-19T20:32:33.907-05:00Hi Anon
Lets say you invest your money with Blunt...Hi Anon<br /><br />Lets say you invest your money with Blunt Bean Counter Investment Advisors. If you write the cheque to BBC Investment advisors, I could take your money and run. However, if there is a 3rd party custodian like TD or National Bank, then you know your money and investments are safe.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-19724176830418709312014-02-19T19:21:36.295-05:002014-02-19T19:21:36.295-05:00Hi - this Financial Post article http://www2.cana...Hi - this Financial Post article http://www2.canada.com/edmontonjournal/news/business/story.html?id=9f222a94-78de-4be7-9045-72720007fb88 says: "A third-party custodian adds an important layer of protection between you and your investment adviser's firm - both large and small. This is because the custodian is working for you and not the firm managing your money.<br />To determine if you have taken on this risk, see if the initial cheque to fund your account was made out to the firm managing your money." <br /><br />What does that mean?? <br />Thank you!<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-60711020078560182352013-12-12T23:55:13.778-05:002013-12-12T23:55:13.778-05:00Thank you for the post. With your permission I hav...Thank you for the post. With your permission I have added your post to http://financial-articles.ca/view/article/35/Common-Investment-ErrorsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-5969022381220168012013-05-03T09:27:39.352-04:002013-05-03T09:27:39.352-04:00Just capital gainsJust capital gainsThe Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-35929615402123439002013-05-02T18:23:09.062-04:002013-05-02T18:23:09.062-04:00Great blog! Looking for some general information....Great blog! Looking for some general information. <br />I own a cottage and rent a home in the city. As well my brother and I own my mothers condo approximately valued at 250 k. He would like to buy me out and I would the the cash to use as a down on a condo in the city. What are the tax implications in Ontario? Will I owe on all 125000? Or just any capital gains?<br />Thanks<br />Mary-LeighAnonymoushttps://www.blogger.com/profile/12993480664394192106noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-28374320641531980022011-08-26T10:36:05.917-04:002011-08-26T10:36:05.917-04:00Thanks Ross I appreciate it.Thanks Ross I appreciate it.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-30670304907465443652011-08-26T02:53:21.558-04:002011-08-26T02:53:21.558-04:00Hi Mark - I'm really glad I found your blog. i...Hi Mark - I'm really glad I found your blog. i re-posted this article about investment errors at my own site http://ow.ly/6dj5m <br /><br />Thanks from Ross at http://askross.caRoss Taylorhttps://www.blogger.com/profile/08371442601032211511noreply@blogger.com