Taxpayer Relief Act of 1997, many home sellers no longer owe taxes on the gain they make when they sell their houses. Married taxpayers who file jointly now get to keep, tax-free, up to $500,000 in gain on the sale of their home, as long as they lived in it for two of the prior five years. Single folks and married taxpayers who file separately get

The resident (or family) pays for the accommodation and services provided within a retirement home. Infrequently, a subsidized bed may be available through your municipal government for those who need care. Should home care services be required, publicly funded services may be available through the local Community Care Access Centre.

A property manager is a third party who is hired to handle the daily operations of a real estate investment. They can manage all types of properties, from single family homes to large apartment complexes.