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Announcements / Re: Thanks everyone for making our Ontario Tax Sales EBook Successful
« on: May 21, 2013, 01:37:20 AM »
Not sure about Dave, but Claude Rains would play me.
Bye.
Bye.
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Announcements / Re: Thanks everyone for making our Ontario Tax Sales EBook Successful
« on: May 20, 2013, 02:49:27 AM »
So which actor will play Frank?
Make money? At $5.00 minus amazon delivery charges.. I can say no money has found it's way back to me, but just to be within a few spots of MoneySense's highly promoted real estate book is my payoff. Besides, what I'm really pulling for is a hollywood movie version of the book.
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General Discussion / Re: Who pay the Hydro Bill
« on: May 07, 2013, 07:23:44 PM »
If the service needs upgrading (or was upgraded without a permit) you may need a new pole etc.
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Announcements / Re: Things are too quiet: How about big game - a tax sale for a NHL Hockey team
« on: April 20, 2013, 10:52:05 PM »
Wanna bet that it qualies as only one?
There is only a single cup with a very unusual shape. Further, anything that I can down without taking a breath qualifies as a single beer.
Let's hear your story and I might tell you about the time I took Dave's advice and came in second by a hundred bucks
.
There is only a single cup with a very unusual shape. Further, anything that I can down without taking a breath qualifies as a single beer.
Let's hear your story and I might tell you about the time I took Dave's advice and came in second by a hundred bucks
. I consulted a higher authourity (my wife) and she says it's 4 beers, and I agree. If it's just one beer, he will have to hold it in just one hand, not two as in the picture. It's about time you insist he drink his winnings all at once, then, when he's done, make him a "can't lose" bet, and recoup your losses. Or at least break even. All is fair, in love and beer.
My story will wait until another posting.
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Announcements / Re: Things are too quiet: How about big game - a tax sale for a NHL Hockey team
« on: April 20, 2013, 02:38:05 AM »
Yes, really quiet - so why don't I throw out some news.....
Dave didn't win (or even bid) on the only property in Trent Hills that sold.
Dave didn't win (or even bid) on the only property in Trent Hills that sold.
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Announcements / Re: Things are too quiet: How about big game - a tax sale for a NHL Hockey team
« on: April 17, 2013, 09:33:42 PM »
This reminds me of the Silverdome sale for half a million to a Canadian investor. I see G2020's fingerprints all over the Silverdome auction. Read the details here:
http://www.detroitnews.com/article/20091117/METRO/911170327
The big lesson here is that the only way you can knock one out of the park is if you play the game and step up to the plate. You never know...........
Now, having said that, I will bet Dave (and anyone else here) and give my usual 24 to one odds (one pint of my choice vs. one case of canadian swill) that the Pizza man will redeem. Anyone???
http://www.detroitnews.com/article/20091117/METRO/911170327
The big lesson here is that the only way you can knock one out of the park is if you play the game and step up to the plate. You never know...........
Now, having said that, I will bet Dave (and anyone else here) and give my usual 24 to one odds (one pint of my choice vs. one case of canadian swill) that the Pizza man will redeem. Anyone???
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Questions and Answers / Re: Ontario land transfer can I do it myself
« on: April 07, 2013, 06:25:52 PM »
Here is a link to your $300 lawyer ($200 for sales!)
http://taxsaleproperty.org/forum/index.php?topic=1421.msg6374#new
Remember, you get what you pay for and I am cheap but I pay double or more these prices. There is a lot more to a land transfer than simply registering a transfer/deed of land. Good luck!
http://taxsaleproperty.org/forum/index.php?topic=1421.msg6374#new
Remember, you get what you pay for and I am cheap but I pay double or more these prices. There is a lot more to a land transfer than simply registering a transfer/deed of land. Good luck!
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General / Re: Trent Hills
« on: April 04, 2013, 08:14:53 PM »
Dave:
I'm just wondering when you will you offer to drive me out to see these properties? I have to remember not to look you in the eye when you buy a me beer later.
Tyerant came up with the funniest thing on this board in a long time.
11 was the only property with any short term potential and would have likely attracted some bids. I now agree with you on the others (unless there is an interested neighbour).
I'm just wondering when you will you offer to drive me out to see these properties? I have to remember not to look you in the eye when you buy a me beer later.
Tyerant came up with the funniest thing on this board in a long time.
11 was the only property with any short term potential and would have likely attracted some bids. I now agree with you on the others (unless there is an interested neighbour).
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Announcements / Re: Enough with negative thoughts - Which one of you won Talisman Ski Resort?
« on: March 21, 2013, 03:48:03 PM »
As a result of past "Karma Wars". Rob made changes that require members to attain a certain level of posts before they can give karma. I think that the level is 25. In the past, members with no posts were throwing around negative karma like there was no tomorrow. I suspect that this is one reason why one of our most respected and senior members (PFM) no longer posts here - he probably got tired of people dumping on him all of the time. Moral of the story - be sure before giving negative karma because you may lose what you have here.
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Questions and Answers / Re: I want to sell a property i won
« on: March 08, 2013, 05:58:16 PM »
That would depend on whether it is a profit or a gain. If you are in the business of selling property it is profit, and if you hold the property personally, all net profit will be treated as income and subject to income tax. If this is a capital disposition only half the gain will be taken into income.
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Announcements / Re: Enough with negative thoughts - Which one of you won Talisman Ski Resort?
« on: March 07, 2013, 05:01:35 PM »
Frank:
Welcome to Dave's World.
Would somebody please pm me on March 7, 2014 and remind me to collect my beer.
Welcome to Dave's World.
Would somebody please pm me on March 7, 2014 and remind me to collect my beer.
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Announcements / Re: Enough with negative thoughts - Which one of you won Talisman Ski Resort?
« on: March 07, 2013, 01:14:41 PM »
When I read posts like this I am reminded of how fortunate we are to have some real experts here giving out free information. I suspect that there is nowhere in the province that you can find the expertise on taxsales that is found here.
Having said that, Frank, any interest on a friendly wager (perhaps a beer or two) as to whether the municipality will vest within 12 months? I say no - my bet is that the municipality is too short-sighted and afraid of liability.
Having said that, Frank, any interest on a friendly wager (perhaps a beer or two) as to whether the municipality will vest within 12 months? I say no - my bet is that the municipality is too short-sighted and afraid of liability.
Humm...
Well, If I was hired to provide advise to the Municipality, I would tell them not to run a ski hill for sure. However, I would encourage them to find someone to lease the land and run a business from it... Municipalities are not well suited to run a business like this for a multitude of reasons...However they should not loose site of the value of the history of this property and it's future potential!
If I was advising them, I would recommend immediate vesting of the property.
With the amount of debt against it in the form of liens and mortgages nothing will happen with that property for the forseeable future, and the ultimate tax liability will do nothing but grow. The property will deteriorate further and become nothing but an eyesore. Already developed areas around the property will diminish in value as the benefit of living next to a ski hill will have disappeared.
If the Municipality takes it, the upper tier and school share will come back to them in the way of section 486 write-offs. Their net cost will be in the neighbourhood of a million bucks (the towns share of the taxes outstanding, plus accumulated interest). This property would almost qualify as a brownfield rehab site. It is already zoned as Recreational property, and the Municipality could easily make a deal with an entrepreneur to upgrade the property, and run the ski hill and banquet facility on their behalf (I agree that it would not be a good idea for the Municipality to run it...just look at what happened to Kings Forest and Chedoke in Hamilton). As it would be a Municipally owned recreational facility there would be no further taxes, and the facility could make a tidy profit with a good portion of it coming back to the town. Residents of course would be entitled to season passes at a reduced rate, and the net result is an enticement to people to move to town or at least purchase one of the chalets for rental purposes (I got Dave's attention now), a great source of economical development.
Have I made my views perfectly clear?
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General Discussion / Re: EXTREME gasoline damage: vehicles and small engines
« on: February 23, 2013, 12:45:46 AM »
This has nothing to do with tax sales or beers. A plague on both of your houses!!!
Two stroke engines are the most susceptible to damage from this fuel. One solution is to add a bit more oil to the mix. Premium gas works too as mentioned. The best solution is to change the jets on your carb(s) to one size larger. This enriches the mixture and results in cooler operation. It never hurts to have new jets and at a dollar or two this is great insurance.
I wasn't aware that the same issue applies also to diesel fuel and motors.
Two stroke engines are the most susceptible to damage from this fuel. One solution is to add a bit more oil to the mix. Premium gas works too as mentioned. The best solution is to change the jets on your carb(s) to one size larger. This enriches the mixture and results in cooler operation. It never hurts to have new jets and at a dollar or two this is great insurance.
I wasn't aware that the same issue applies also to diesel fuel and motors.
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Questions and Answers / Re: Crown Lean
« on: February 15, 2013, 03:17:29 PM »This thread hasn't been used for awhile, but I was humoured by the chains and links references. I had to look all that up dealing with my father-in-law's farm estate.
I was going to ask about crown liens for child support owing. I think I'd get a good feeling paying that out if it wasn't a ridiculous amount.
So, crown mortgages. Do they show up in the title search from tri-target?
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General Discussion / Re: Trent Hills - Watch the high flooding Risk
« on: February 08, 2013, 11:28:02 PM »It is very obvious I have hit a nerve with this and it is clear by your continuous posts about it. I still stand by it and I bet the majority of people on this site do as well. Just the vocal few that "control" the site do not.
I'll bet you beer that they don't.