I’m looking to buy a condo but the maintainence fees are somewhat high. I’d like to find a way to stretch my money, even if it means adding time to my mortgage.
Do condo fees include tax, or is the tax bill separate?
I recived a quote for just over $25,000 is that a bit extreme? All the appliances are bought with the condo, just need everything else.
I mean, how much you have to pay tax for it and how much of it you can deduct for tax (like condo fee, property tax,…)
And what happens when you sell the condo after? You have to pay extra tax again since you made money out of it?
I can get a relatively new condo for a cheap price. If I get a house for the price that I am paying for a condo, it might be very old and will probably be a fixer upper. I can deal with the advantages of buying a condo, but what are some disadvantages that I [...]
