Category: Yahoo

Chinese Real-Estate Investors Wary of Vancouver Head to Toronto – Yahoo Canada Finance 0

Chinese Real-Estate Investors Wary of Vancouver Head to Toronto – Yahoo Canada Finance

View photosChinese Real-Estate Investors Wary of Vancouver Head to Toronto(Bloomberg) — Chinese investment in Vancouver commercial property from companies such as Anbang Insurance Group Co. has slumped amid a flood of regulations, with investors looking to Toronto instead.Asian investments in Vancouver fell to almost C$350 million ($260 million) in 2018, a drop from the C$1…

Real estate investor crackdown: ATO targets dodgy deductions – Yahoo7 News 0

Real estate investor crackdown: ATO targets dodgy deductions – Yahoo7 News

The Australian Taxation Office will be targeting 2.1 million real estate investors incorrectly avoiding tax on their returns.A recent batch of 300 audits on real estate investors saw that almost 9 out of 10 returns contained errors, according to ATO commissioner Chris Jordan.“We’re seeing incorrect interest claims for the entire investment loan where it has…