Key takeaways Having an emergency fund can help you maintain your everyday life as you navigate through a crisis, like losing your job, without causing you to tumble into debt Ideally, you want to have enough stashed away to cover all your daily expenses for a few months It’s important to have a dedicated account … Read more
Purchasing an investment property that already has a tenant means you collect rent from day one, with no vacant period and no lease fees to find a new tenant. The lease just carries on as it did before you purchased the property. There are plenty of upsides to buying an investment property that already has a … Read more
A capital gain or loss is the difference between what you paid for an asset and what you sold it for. This takes into account any incidental costs on the purchase and sale. So, if you sell an asset for more than you paid for it, that’s a capital gain. And if you sell it … Read more
