2024 Tax Update, How Many USA Houses We’re Buying With Cherry Chan, CPA


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Feb 20 2024 72 mins   13

Our guest should need no introduction, it’s my lovely wife the Real Estate Accountant Cherry Chan!

Cherry Chan is here to share about the convoluted changes by our Federal government who seem to know more about what real estate we own, they keep coming out with half baked ideas only to delay, delay, make us all jump through hoops, make busy work. It’s really complicated stuff but Cherry is a talented messenger who can explain what the Trudeau, Liberal government is doing.

We also chat about our lessons from the downturn in the real estate market, how we are refocusing on at least cash neutral properties hence the decision to diversify to the landlord friendly states of the USA. I’m hoping Cherry and I can take a trip to the south: Georgia and Tennessee in May after tax season. Romance and cash flow. Two of my favourite things in life. I hope you all had a wonderful Valentine's Day and find more cash flow in your lives because never forget, cash flow is what affords you freedom. US dollars are also worth more than Canadian dollars.

Please enjoy the show!