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;Page.20 = Halton Hills This Week, Wednesday, November 3, 1993 GRANT STRAHL BUILDING LIMITED CUSTOM HOMES Inglewood Village Estates in the rolling hills of Caledon |S ie Homes announces the ultimate in Exclusive Sales- lcountry living lifestyle. Soon to be released are & Marketing 22 magnificent estate lots (with gorgeous distant views) in the rolling hills of Caledon. Select your new homesite now from this stunning array of estate properties. Strahl offers a complete design/build service to make the creation of your new home an enjoyable experience. Bungalows from $390,000. Drive a.few minutes north on Hwy. 10 from Brampton to traffic light at Olde Base Line. Turn left to Inglewood village and follow signs to the-ultimate in country living. Bus. 877-51 65 JOHNSON Py Tor. 874-3040 ASS [=] cl ATES TOM COMERY *Sales Representative nes. (519) 855-4856 The Cheque is in t Mail By George Perdue When have you heard that before? Better still, when have you used that one before? me things in life are constant...like taxes. Before that surprise the top tax rate in Ontario exceeded $82,360. Now the rate.is‘52.3 percent but it starts at $67,775. The lower rates have a similar ring, higher and The regulated prices have also continued to increase at a pace faster than unregulated prices. mail,. property, tax and so forth. They are all forms tax. Well, well. Now we have a new government. A majority new govern- ment. So it will be a little easier to face the difficult decisions. ahead. what do you think will happen to taxes? Enter the shelter mar- keters. These can range from leveraged invest- ments to sophisticated limited partnerships. All of them promise to help you keep more of the money you earn. But watch yourself. Look at the deal long and hard fore committing. What should you look Money Talk with George Perdue or? First of all, evaluate the deal on the invest- ment or income merits alone. The tax savings should be viewed as a onus. Detail the tax benefits. The minimum should be a simple interest deduc- tion on the money bor- rowed for investment (leveraged investment). Make sure the interest rate on the money bor- rowed is no higher than you can arrange for your- self. If you must commit to the financing from the deal, don’t commit. Make sure that the tax claim will be accepted by evenue Canada. The deal should contain certi- fication. Determine the effect of Es) location on the tax con-_ sideration. For example, if the shelter is in the US make sure you do not have to file US federal and state tax returns. Understand your oblig- ations. If the general partner can call on the investors for more money, avoid the deal. Check out the promot- er. There shoul a track record and satisfied clients. Check out liquidity. Some form of liquidity or escape should be covered in the deal. f guaranteed pay- ments are part of the , make sure the money is being main- tained in a separate account. Where do you find good shelters this fall? Aside from simple leveraged deals (which can be quite attractive in these low interest rate time) sever- al real estate shelters are structured to avoid the pitfalls mentioned above. ese is through Kevin - England of England Securities of Vancouver. They have-an attractive US property nown as Bermuda Dunes located in Palm Dessert, California. The second is through North American Property Management of Markham. Their proper- ties are in three locations in Ontario, Alberta, and Manitoba. These are reputable tax shelters with a good chance of making a profit while slashing your tax z George Perdue is a Financial Planner, Business Consultant, and Partner in Money Concepts, Halton Hills. He can be contacted at (905) 873-1877. BILL ELLIS ** Associate Broker CANADA TRUST Office: 877-9500 Canada Trust Realty Residence: 877-7528 Inc./Realtor LADIES AND GENTLEMEN On your right is a cosy three bedroom home. On your left is a nifty barn. Dead ahead is the big shop with the deluxe two bedroom apartment above. Zoned commercial in Ballinafad for jim $269,900. See it with Bill Ellis 877- 9500 or 877-7528. CT93-012 GET IN THE PICTURE This knockout home will be built at Southwinds at Ballinafad. The Raised bun- galow plan allows about 2,500 sq; ft. of liv- ing area with all the Ricciuto quality fea- tures. Value priced at $259,000. Now is ‘the time to choose your finish and spend Christmas in the country. Here is that perfect three bed- toom starter in Acton’s Glen Lea. Well established, quiet area. Features a back yard oasis. All for $149,900. CT93-010 ~ SERVICE Itis the "BUZZ" word of the 1990's. Service is like the weather, every- body talks about it --but very few do anything about it. There are -] many promises of service - but there is a definite lack of deliveries. | have provided the finest in real estate services to sellers and buyers in this area for twenty-three years. | deliver! Call a realtor who cares! Call Bill Ellis, Associate Broker 877-9500 or Res. 877-7528. 4. the obvious choice ‘COUNTRYWIDE Venddex Realty Ine. RAMSAY BARR, cv. mvA Broker 796-3565 24 HOURS OPPORTUNITY KNOCKS Two storey, detached home on a 60+ ft. lot. ..in Downtown Georgetown Zoned commercial. For all the details give me a call tonight! Asking $129,900. Call Ramsay Barr, Broker . at 796-3565