Archives for Homeowner Tips

New Tax on Ottawa Airbnb Rentals

Josh Pringle, CTV Morning Live. Published Wednesday, August 1, 2018 2:51AM EDT  Airbnb users are now paying a tax on their nightly rental in Ottawa. Starting today, Airbnb will collect a four per cent “municipal accommodation tax” on all Ottawa listings. The tax will then be remitted to the City of Ottawa to help support Ottawa tourism. Ottawa was the first Ontario city to enter into a Municipal Accommodation Tax collection agreement with Airbnb. In January, the City of Ottawa imposed a four per cent Municipal Accommodation Tax on hotel rooms in Ottawa.  The money is used to support the tourism
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Keys to a high-performance home

  A high performance home isn’t just energy efficient. It provides a healthier environment for you and your family. Turn your attention to durability, value and health. But how is this done? When the home is built to be air tight, you need a method of cycling in fresh outdoor air, while exhausting the warm, moist air generated in your home by living in it (especially in kitchens and bathrooms). Enter the Heat Recovery Ventilator (HRV) which adjusts the temperature of the outdoor air to match your home, while expelling the moist indoor air. An HRV doesn’t perform the function
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Buying a Home: What The Extras Cost

Contracts and rentals to consider in home ownership When it comes to buying a home, there are always additional fees to be considering when you make an offer. Typically, a first-time home buyer needs to be aware of the costs associated with buying a home – legal fees, mortgage rates, home insurance, closing costs, property taxes, land transfer fees…But what about those little extras not everyone considers? The contracts and rentals associated with the home such as furnaces, hot water tanks, and in some locations even your septic tanks – and what that could cost you. The main point is
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3 Tips For Making A Major Homeowners Insurance Claim

3 Tips For Making A Major Homeowners Insurance Claim Home insurance is one of the costs that come with home ownership. You pay your premiums to your insurance company and when disaster strikes, you expect that they will pay for most, if not all of the bill.  But will they? Here are 3 tips to help you get the most out of your homeowner’s insurance claim.   Know your limits, deductibles and what your coverage includes. Depending on your policy, your insurance company may or may not cover things like water damage. By reviewing your policy, you’ll know how much you
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3 Tips For Making A Major Homeowners Insurance Claim

3 Tips For Making A Major Homeowners Insurance Claim Home insurance is one of the costs that come with home ownership. You pay your premiums to your insurance company and when disaster strikes, you expect that they will pay for most, if not all of the bill.  But will they? Here are 3 tips to help you get the most out of your homeowner’s insurance claim.   Know your limits, deductibles and what your coverage includes. Depending on your policy, your insurance company may or may not cover things like water damage. By reviewing your policy, you’ll know how much you
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Understanding Property Taxes

Property taxes are a necessary part of owning property in Ontario. Anyone in Ontario who owns land or a property has to pay a certain amount of tax to the municipal government. Although these taxes are unpopular, as all taxes are, property taxes are important because they are the main revenue source for Ontario’s municipalities. Property taxes are separate from other forms of taxes, and the amount that each person owes is based on a unique assessment for their particular property and the tax rate of the municipality the property is in. How property taxes are determined for each individual
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Understanding Property Taxes

Property taxes are a necessary, though disliked part of owning property in Ontario. Anyone in Ontario who owns land or a property has to pay a certain amount of tax to the municipal government. Although these taxes are unpopular, as all taxes are, property taxes are important because they are the main revenue source for Ontario’s municipalities. Property taxes are separate from other forms of taxes, and the amount that each person owes is based on a unique assessment for their particular property and the tax rate of the municipality the property is in.   How property taxes are determined
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Renovation Inspiration for the Floors in your Home

Renovations can be expensive, that’s why finding inexpensive ways to add your design stamp to your home is key. Though there are areas in your home that you shouldn’t pinch pennies (like electrical work and plumbing), there are some projects you can find innovative work-arounds that look expensive. Click here for inexpensive renovation inspiration!  
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Spring is here, bring on the Mudroom!

Though the people of Ottawa are thrilled to see the beginnings of a sleepy Spring take place (and the snow melt), they are less thrilled with the mess it brings into their homes. A well-designed mudroom can help limit the slushy, muddy mess and keep your home cleaner and fresher. Click here for tips on creating a high-functioning mudroom.  
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Landlords and Legalization: What budding weed laws may mean for Landlord

Landlords and Legalization: What budding weed laws may mean for Landlords With the legalization of marijuana on the horizon, property owners of rental units are wondering what that will mean for them. As all the rules and regulations surrounding cannabis use have yet to be ironed out, it’s only natural that landlords are beginning express concern, or in some cases excitement surrounding the opportunities legalization will present. The legalization of medical cannabis passed in 2001, but as Canada moves forward to legalize the use of cannabis across the country, there are many different views surrounding the changes. With multiple angles to
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