New Home Benefits
You can get the homebuyers’ tax credit if you just purchased a house and have not owned a house in the past 4 years. On line 369 of your tax form, fill it out with the amount of $5,000, and you will receive a 15% credit.
Tax Load Reduction of $750
Getting your house an ecoENERGRY assessment by a certified energy advisor before doing any renovation is recommended. The total costs before and after the audits can be about $1,000. However, this can be reimbursed from the provincial rebates.
Rebates of up to $500
Depending on where you live, cash in on rebates may have:
New Home Benefits
Teaching English Classes Online
Due to the imposed quarantine and for safety reasons, many people are encouraged to stay home. Therefore, the demand for online jobs is increasing, and teaching English online is no exception. There are a lot of English teaching platforms online where you can teach children from different countries. This work usually requires holding a Bachelor’s degree, passing an English test, and having your computer and a decent internet connection. Every hour, you can earn $15 to $24 right inside your house.
Unfortunately, many companies had no choice but to lay off some of their …
Since there is very limited space in a tiny house, the design can end up being disorganized. It can result in a lot of clutter if there are too many items in a small space. Worse, the design could be lost from this. By prioritizing function, it means that home essentials such as tables, sofas, and beds need not be aesthetic only but also functional.
Another challenge in designing a tiny house is having ample storage. Although you may have gotten rid of other things, you may still have many things you need. For tiny houses, installing closets and cabinets is not very easy. …
According to CoreLogic, the value of homes is currently at its highest point within a 45-year time frame, particularly the value for homes with solar panels. While this development is great news for homeowners or landlords, it’s bad news for those on the other side of the market. CoreLogic’s House Value Index stated that the average value of a home in America increased by 18% between October 2020 – October 2021.
CoreLogic’s Take on the Housing Market
There’s been speculation that the housing market is just in a bullish phase and that things will soon quiet down. Signs are already pointing to …
Average Household Income: $112,207
Average Household Income Value: $1,742,036
Estimated Rate of Unemployment: 5.7%
Crime Rate Per 100,000 2,133
Family Doctors per 100,000: 91
Average Household Income: $97,800
Average Household Income Value: $754,291
Estimated Rate of Unemployment: 4.9%
Crime Rate Per 100,000: 7,932
Family Doctors per 100,000: 99
Investing in a Key Lockbox
It is recommended to get a key lock box if the renovations are done before moving into the house and living somewhere far. For renovation projects that are too large or complicated, you will need to get a contractor. Contractors start working early, so for you not to rush in traffic early in the morning to let the contractors in, you can put a lockbox or any smart door device that will access people by using a code. This can save you a lot of time and effort.
Katie and Tom, a young couple, recently got a payout from a critical illness insurance policy of $200,000. They want to know how to spend and where to invest this amount.
If you are like Katie and Tom, who want to improve your finances from an insurance payout, you can consider yourselves fortunate. This amount of money is ideal for boosting investment plans. Though there are many other factors to consider, here are some ways to prioritize.
First, you can pay off your debts, such as credit card debts, …