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Top 10 Financial Tips to Kick-Off 2024 [Video]

Categories
Canadian Economy and Markets

Top 10 Financial Tips to Kick-Off 2024

In today’s video, I dive into essential financial strategies to empower your real estate investment journey and personal finances this year. Join me, as I break down these top 10 tips with practical advice and examples.

Whether you’re a seasoned real estate investor or just starting out, these tips will help you navigate the financial landscape of 2024 with confidence and success.

Key Moments In This Episode
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00:00 – Introduction
02:07 – Expense Analysis: Prep for 2024
04:17 – Financial Performance: Adjustments & Comparisons
06:31 – Property Strategy: Refinance or Sell?
08:45 – Side Hustles: Manage & Save Additional Income
10:59 – Consistent Saving: Securing Your Financial Future
13:16 – Tax-Saving Programs: Boost Your Savings
15:33 – Maximize Deductions: Diverse Income Sources
17:43 – Smart Business Structuring: Tax Savings
19:51 – Accountant Advice: Income Splitting & Tax Planning
21:58 – Budget vs. Actual: Regular Financial Reviews

If you have any questions or thoughts after watching this video, leave a comment below, and I’ll respond as soon as possible.

Don’t forget to subscribe to my channel for more videos on Canadian real estate and tax-saving strategies so you don’t miss a thing!

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Please make sure to speak to a professional that knows your personal situation before making a decision.

If you need to talk to someone on my team, email us at [email protected].

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Want to PAY LESS TAX as a real estate investor?
Check Out All of My Tax Saving Resources HERE: https://realestatetaxtips.ca/resource.

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⭐Cherry’s Best Real Estate Tax Tips ⭐

➡️Real Estate Freedom at 29😲 Pro Tips Revealed!: https://youtu.be/gd9CCUfRzs0
➡️Cross-Border Real Estate: Laying the Foundation | Episode 1: https://youtu.be/0jQix4lLPio
➡️Understanding the 2024 Canadian Real Estate Tax Law Changes: https://youtu.be/u78SmfLtRHg
➡️Everything Canadians Need To Know About 2024 Tax Changes: https://youtu.be/u4vhY6ZRFHA
➡️The Ins and Outs of Land Development Explained: https://youtu.be/qYoyY8N0OTw
➡️NEW CANADA PENSION PLAN [CPP] CHANGES 2024 EXPLAINED https://youtu.be/Jd6GnjaX_pY
➡️Another NEW reporting rule that Affects Real Estate Investors: https://youtu.be/qqs0uzmjEds

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DISCLAIMER:

Real estate Tax planning is a personalized decision and will depend on your situation, priorities, and risk tolerance. Consult with your legal and tax advisors to ensure you get the best personalized advice.
The information contained in this video is for general information purposes only.
The information is provided by ECRB Consulting Inc., RealEstateTaxTips.ca, Cherry Chan Professional Corporation and Cherry Chan.
While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the article or the information, products, services, or related graphics contained on the presentation for any purpose. Any reliance on such information is, therefore, strictly at your own risk.
In no event will we be liable for any loss or damage, including, without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of or connected with the use of this information.

#CherryChan #RealEstateTaxTips #RealEstateInvesting #CanadaFinance #TaxTips #Budgeting2024 #RealEstateCanada #WealthBuilding #PropertyInvestment #TaxStrategies #FinancialTips

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