Comments for Hawked Q&A

Comment on Returning Canadian Resident- RRSP Question? by CHARLES R

CHARLES R — Sun, 05 Sep 2010 00:05:14 +0000

Assuming you were non-resident for tax purposes for those six years, you will only be able to contribute towards any unused RRSP contribution room from prior years.

Also in 2009 we have the TFSAs coming. You might want to look into contributing to one of those immediately in 2009 and though you don’t get a tax deduction, the earnings in the TFSA will be tax free.

Comment on Returning Canadian Resident- RRSP Question? by DANIEL G

DANIEL G — Sat, 04 Sep 2010 23:36:20 +0000

You really should have filed tax returns with CRA for the years you were away on your world income. Once you finally file a current return with them, they’ll question the you for the other years.

Comment on Returning Canadian Resident- RRSP Question? by my16paws

my16paws — Sat, 04 Sep 2010 23:13:00 +0000

You must wait until next year. Unless you have available room from before you left Canada. If you call Revenue Canada they will be able to tell you your available room

http://www.cra-arc.gc.ca/tax/individuals/topics/rrsp/contributing/limits-e.html

Comment on When Should You Receive Your Provincial Income Tax Return? by quizzard123

quizzard123 — Sat, 04 Sep 2010 19:13:10 +0000

Since you haven’t received it, I’m going to guess it’s not 4-6 weeks, but closer to the 8-12.

You sent it in right in the middle of the busiest period, it always takes longer then.

Ah, the joys of living in Quebec. The rest of Canada only fills out one return, one refund to process.

Comment on Should We Buy a Home or Rent? Ontario Canada? by cottagstan

cottagstan — Sat, 04 Sep 2010 16:40:48 +0000

Buy, buy, buy..if your credit is decent, and it sounds like it is, you will not regret this decision. It may be tight until your student loans are retired, but to continue to pay rent until that time is throwing out money. I hope you see this the way I’ve always advised my own family, and it has always worked! Good luck!

Comment on Should We Buy a Home or Rent? Ontario Canada? by A_Kansan

A_Kansan — Sat, 04 Sep 2010 16:19:34 +0000

Yahoo Finance has a calculator to help you decide whether to purchase or rent.

Yahoo Answer trunkates the link, but it should work.

http://finance.yahoo.com/calculator/real-estate

Good Luck

Comment on Should We Buy a Home or Rent? Ontario Canada? by ________________________________

________________________________ — Sat, 04 Sep 2010 16:01:19 +0000

always buy. think of it this way. when you rent the payment is just for you to live there. When you buy with each payment you are one payment closer to owning the place

Comment on Should We Buy a Home or Rent? Ontario Canada? by trade_info

trade_info — Sat, 04 Sep 2010 15:08:40 +0000

if you rented the same place for ten years, then you should be a buyer. think of the equity you could have built up in your own home for the last ten years instead of the landlord making the money. don’t overpay, but buy buy buy.

Comment on How Can I Buy Greenday Concert Tickets That I Don’t Have Any Credit Card? by jdj19892007

jdj19892007 — Sat, 04 Sep 2010 13:59:29 +0000

First, find a better band to see in concert.

Then go buy a prepaid card as was said above.

Comment on How Can I Buy Greenday Concert Tickets That I Don’t Have Any Credit Card? by litlfitz

litlfitz — Sat, 04 Sep 2010 13:37:15 +0000

get someone with a credit card to do it for you and you give them cash