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Principle Residency and Conversion to Rental Property

Thu, 26 Nov 2009 22:30:42 -0800

David answers a telephone question:

Real Estate - primary residence changed to rental property

Form T2091 to claim a property as a principle residence.

Send your questions to David at:

taxman @ centa.com
or call in to the program Wednesday evenings (Pacific Time) during designated times at
604-980-0499 or long distance 1-866-980-0499

Reference:

The CEN-TAPEDE November 2001

Bogons - Bogus - spam - fraud - Richard Pitt and Bogon.COM

Thu, 26 Nov 2009 21:20:17 -0800

David and Richard have another chat when one of the guests gets caught in the Vancouver rain and can't get to David's home in time for the show. We learn about one of Richard's new web sites - bogon.com, which he's setting up to help some of the "old pharts" learn and deal with today's fraudulent email and other bogus communications.

Bogon.COM - The BOGON is a unit of Bogosity - a measure of how bogus something is.

You can contact Richard Pitt at:

P-Zip Marketing
19344 119B Ave.
Pitt Meadows, BC V3Y 1J9
604-644-9265
richard@p-zip.com
www.p-zip.com

Dan Walkow - Florida and Snowbirds

Thu, 26 Nov 2009 20:42:59 -0800

David and Dan talk about cross-border investment especially with respect to Snowbirds and others from Canada residing in Florida. Another in the ongoing series of interviews and conversations between David Ingram and Dan.

Individual Segments

Canadian - moved to California 20 years ago - didn't think there were any California taxes to file. David and Dan discuss the penalties this person might face if he (still) has a Canadian RRSP. And in the case of the RRSP it is not just California! The US Dept. of Treasury can impose a minimum $10,000 penalty if you have more than $10,000 US in out of country investments.
Continuation of the discussion of the California client who is badly behind in filing US forms. Voluntary disclosure and what it implies.
Foreign account declaration. What is a foreign account and what forms need to be filed? Dan's company also now deals in foreign currency exchange.
Canadians in Florida - residency and taxation, Florida driver license, Snowbirds and those who purchase real estate. Tax issues and other issues.
Continuation of discussion of Florida - benefits of dealing with Dan and Seabank Capital for investments. Canadian dollar accounts. Estate planning and putting the grand children's inheritance in a Canadian dollar account.
Frozen investment accounts - you've left their jurisdiction and can't deal with the account anymore - you don't have to liquidate! Dan's company can transfer your account to their management without liquidating - and manage it for you no matter whether you stay in the US or move back and forth from jurisdiction to jurisdiction. Examples of some strange documentation by Canadian banks on investments by US citizens in Canada.

You can contact Dan Walkow at:

Seabank Capital Management Inc.
Suite 301-1959 152nd Street
White Rock, BC V4A 9E3
Canada

www.seabankcapital.com

Phone: 604-541-9952
Toll Free: 1-866-541-9952
Fax: 604-542-5642
Skype: CASADAN2

Dan's blog: blog.seabankcapital.com

The views expressed in this interview do not necessarily reflect those of the production company presenting this video. This is a paid presentation of Seabank Capital Management Inc.

Murray Morrison - Debtor's Assistance Society

Thu, 26 Nov 2009 19:41:13 -0800

David talks to bankruptcy specialist lawyer, Murray Morrison, about bankruptcy and credit in general, and about the new foundation that Murray and a number of others have formed - The Debtor's Assistance Society - to educate people about debt and credit and their options

You can reach Debtor's Assistance Society at:

#303 - 15225 104th Ave.
Surrey, BC V3R 6Y8
604-951-4357
www.debtorsassistance.com

Individual Segments of the Interview:

Glen Kelleway - Mortgages, Credit and Tax

Thu, 26 Nov 2009 18:50:06 -0800

David interviews his friend, Glen Kelleway. Glen is a mortgage broker and specializes in one of David's pet tax regimes - that of making your Canadian mortgage tax deductible.

Along the way you'll hear how Glen helped David get his mortgage and learn some of what Glen does and how he can help you, even if you have been bankrupt as David has been. See the detailed list of the sections for a couple of telephone questions.

Glen can be reached at:

Phone: 604-476-0053 (toll free 1-866-476-0053)www.youtube.com/watch
www.mtgitright.com
glen@mtgitright.com

The individual segments of the video:

A cola break - David's favourite diet cola gets a free plug
An introduction to Glen Kelleway and background to David's using him to get a mortgage Includes some information on what happens when someone with less than perfect credit gets a mortgage
Glen works out of his home in Maple Ridge but if you need a mortgage for a property in Canada, even if you are in the US, you can contact him and even apply online. Glen will work with people to help them make their mortgage tax deductible.
"How easy is it to phone the credit bureau and fix a problem?" Glen can and does help his clients to clean up their credit report if there are problems.
Credit Unions "have gotten so big they're getting like a bank now" says David - and they continue talking about Fraser Smith's "Smith Manoeuver" book, based on David Ingram's technique of making your mortgage tax deductible.
Mortgages vs. Line of Credit Glen gives an excellent overview of the contrast between these two - and gets into fixed and adjustable rates.
Pay your morgage instead of purchasing an RRSP. "Do the simple math"
There's a "food gene" running in our family - David and Glen share some memories. Discussion of the recent rise in housing prices in the Vancouver area.
Glen discusses "new Canadians" establishing a credit rating. Rental offset in using a basement suite as a mortgage helper.
David takes a phone call - Dual US/Canadian citizen with a stock award. The question has to do with tax implications of the ways a stock award vests. A restricted stock unit vs straight award.
A second question - regarding a 401K now that he is a Canadian resident there are problems with having his broker (in the US) continue to handle the account
David takes a question from a lady in Manitoba regarding her holding of a US property. She has a US Green Card. The discussion is about becoming a US citizen. Form I131 to keep the green card alive.
Continuation of the discussion on getting US citizenship
Wrapping up - a continued discussion of David's bankruptcy which includes some details on how he ended up getting 1/2 of his assets back after his divorce, shortly after the bankruptcy ended.
An insight into Glen's ability to deal with clients from places other than his office. "Safe from the swine flu" and able to deal with times outside of normal office hours.

Tag: mortgage, tax deductible, bankruptcy, credit, rebuild credit, personal finance, finance

David Hancock - Fraser Valley Eagle Festival and Other Fraser Valley Wildlife Concerns

Thu, 26 Nov 2009 10:15:13 -0800

David Hancock is one of David Ingram's long-time friends. A naturalist, bioligist and publisher, David Hancock is one of the best known spokesmen about eagles in specific and "those wildlife at the top of the food chain" which include bears, especially the White Spirit Bear, and the killer whale and of course the Bald Eagle.

The topic today is the Fraser Valley Bald Eagle Festival - but along with this we learn about the Chilkat Eagle Festival and concerns about the development in that area including the new pipeline and the impact the construction will have on the wildlife in that area.

In the Fraser Valley, we learn of David's concerns for the migratory birds due to the huge "virus incubators" - aka the chicken "broiler farms" as well as the other problem - the pig farms.

Everyone who has any interest in conservation and learning what the problems are in relation to birds and salmon should watch this.

The individual segments of this multi-part session

November 4, 2009 - Fred Snyder

Fri, 13 Nov 2009 19:30:44 -0800

David and Fred Snyder on Financial Planning with emphasis on Real Estate in the financial plan.

The individual Segments:

California Tax Problems

Wed, 04 Nov 2009 22:00:56 -0800

David Ingram and Dan Walkow discuss cross-border tax and investment problems with specific respect to Canadians living and working in California. This is all the segments of the 1 1/2 hour show. See below for the individual segments.

Individual Segments

Tag: nortel, california, canada, us, tax, investment, 401k, rrsp, lira

You can contact Dan Walkow at:

Seabank Capital Management Inc.
Suite 301-1959 152nd Street
White Rock, BC V4A 9E3
Canada

www.seabankcapital.com

Phone: 604-541-9952
Toll Free: 1-866-541-9952
Fax: 604-542-5642
Skype: CASADAN2

Dan's blog: blog.seabankcapital.com

The views expressed in this interview do not necessarily reflect those of the production company presenting this video. This is a paid presentation of Seabank Capital Management Inc.

Dr. Paul Swingle and Rosemary Baron Swingle

Wed, 14 Oct 2009 23:03:44 -0700

Another in the list of interviews with Dr. Paul Swingle about his practice of using Neurobiofeedback to aid and cure many different brain problems including ADD, ADHD, epilepsy, stroke damage, depression, fibromyalgia and a host of other "incurable" brain problems.
I have personal knowledge of Paul's work as he has worked with my son Peter and completely turned around Peter's ability to study and learn. I'm sure you'll enjoy and benefit from learning more about Paul and what he does.

Tag: add, attention deficit disorder, adhd, attention deficit hyperactive disorder, closed brain, neurotherapy, phychoneurophysiology, biofeedback, epilepsy, stroke, learning disorder, depression, fibromyalgia, autism, neurobiofeedback

You can contact Dr. Paul Swingle at:

Swingle and Associates

Suite 630, 1190 Melville Street
Vancouver, British Columbia,
V6E 3W1 Canada

Tel: (604) 608 0444
Fax: (604) 684 7659

[meta: key ADD, attention deficit disorder, adhd, attention deficit hyperactive disorder, closed brain, neurotherapy, phychoneurophysiology, biofeedback, epilepsy, stroke, learning disorder, depression, fibromyalgia, autism, neurobiofeedback] [meta: desc Another in the list of interviews with Dr. Paul Swingle about his practice of using Neurobiofeedback to aid and cure many different brain problems including ADD, ADHD, epilepsy, stroke damage, depression, fibromyalgia and a host of other "incurable" brain problems.]

Rosemary Swingle - Baron's Gallery part 6

Wed, 14 Oct 2009 22:58:42 -0700

Final in the series of the interview with Rosemary Baron Swingle about her new Baron's Art Gallery.

Geeklog Site

Principle Residency and Conversion to Rental Property

Send your questions to David at:

Bogons - Bogus - spam - fraud - Richard Pitt and Bogon.COM

Dan Walkow - Florida and Snowbirds

Individual Segments

Murray Morrison - Debtor's Assistance Society

Individual Segments of the Interview:

Glen Kelleway - Mortgages, Credit and Tax

David Hancock - Fraser Valley Eagle Festival and Other Fraser Valley Wildlife Concerns

The individual segments of this multi-part session

November 4, 2009 - Fred Snyder

California Tax Problems

Individual Segments

Dr. Paul Swingle and Rosemary Baron Swingle

Swingle and Associates

Rosemary Swingle - Baron's Gallery part 6

Watch the rest of this fascinating interview with Rosemary Baron Swingle: