Navigating tax obligations for property investments can feel overwhelming, especially with evolving regulations. Mark Verzyl Real Estate, a trusted Calgary-based firm, simplifies this process for landlords and investors. Whether you own a single rental property or manage a portfolio, understanding tax rules ensures compliance and maximizes returns. This guide aligns with the Canada Revenue Agency’s...

In commercial real estate, certain agreements shift financial responsibilities between landlords and tenants. One popular arrangement in Calgary’s dynamic market involves tenants covering property taxes, insurance, and maintenance costs alongside base rent. This structure allows landlords to stabilize income while tenants gain control over operational expenses. Mark Verzyl Real Estate, a trusted...

Real estate investors often seek strategies to grow wealth while minimizing tax burdens. A powerful tool for achieving this is the 1031 exchange, which allows property owners to defer capital gains taxes when selling an investment asset. By reinvesting proceeds into a similar property, investors maintain momentum in their portfolios without immediate tax liabilities. This method isn’t just about...