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Dennis Paradis

Assign This Condo
Resources
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About Me
- About Me
- Testimonials
Contact Me

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Condo Assignment Reports

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Condo Assignment Reports

Dennis Paradis at 416-399-5832

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		Branded Info Package - Example This is an example of an Information Packaed that is Branded (my logo, contact info, etc) designed for the Co-op Realtor.
		Unbranded Information Package - Example This package is meant to be sent by Co-op Agents to their own clients and they do not want the Listing agent to be advertised (similar to MLS rules)
		Assignment Marketing Plan - Exposure Without MLS My plan used to expose your condo to the best potential buyers and receive good Offers and more importantly, Agreements that successfully close. Some tools are not revealed for competitive reasons PDF, 4 pgs. Feb/2019
		Assignment Sale Agent Selection Checklist It is essential you entrust your Assignment Sale or Purchase to a specialist who has the necessary skills, knowledge and experience AND A DETAILED PLAN to guide you thru this complex transaction with minimum risk and maximum gain. This Checklist will give you an idea of my added-value PREMIUM SERVICE, PDF, 2 pgs, Feb, 2019
		Why Assigning, Not Reselling (Quick Flipping) Makes Sense Why Assigning a pre-construction property (condo or freehold) makes sense because of the extra costs involved in quick flipping, including HST Rebate Clawbacks (See report below). Charts compare costs based on the key assumptions involved. PDF, 4 pgs Feb, 2019
		Condo Assignment - Basic Guidelines A handy one-page summary of the aspects of Assignments from both the Assignor (seller) and Assignee (buyer) sides. Published by Toronto Real Estate Board (TREB). PDF, 1 pg, Reviewed Jan 2018 (remains as TREB original 2012)
		CRA is relentless on flips and assigns If you sell real estate, expect the taxman to take a close look in continued CRA crackdown, published FP May, 2018 PDF, 4 pgs
		HST on Assignment Sales - Let's Be Clear About the Rules HST on Assignment Sales has a complex set of rules that require the help of a tax expert to unravel. This brief overview is only intended to give you some insight into the challenge. PDF, 4pgs, Jan 2018
		HST Rebate - Be Careful With This HST Rebate eligibility is one of the more complicated aspects of real estate transactions and is even more intense when it comes to assignments. PDF, 2 pages Jan, 2020
		HST Rebates on New Condos Simplified Exclusive report to help you figure out how much your HST rebate exposure ($$$) may be in an Assignment Sale. It can be as much as $27,000. I know you most often see $24,000 but this amount can happen in selling prices in the $410K to $460K range. Some important details in the notes worth reading, e.g.; all owners on the title must qualify with regard to HST rebate rules. Watch out who you put on the title! PDF, 1 pg, Sept, 2020
		Do You Get Interest on Your Builder Deposits? The short answer is NO. See why in this report. PDF, 2pgs, Reviewed Jan 2018, Originally published, July 2016
		Condo Assignment Cash Flow and Profit after Taxes (HST & Income Tax) NEW! An exclusive report by AssignThisCondo showing Best and Worse-Case examples of Cash Flow and Profit after HST and Income Tax applied based on marginal tax rates and whether you are seen by Canada Revenue as a Home Buyer or a Builder. Hint: You make more profit if you are seen as a Home Buyer and not in the Business of Selling Condos. 10/13/2021, PDF, 1pg
		Warning for Investors – Watch the Tax Impacts on Flipping Condos with Assignments This article provides a warning to Real Estate Investors considering investing/selling through Assignment and to Buyers considering buying from an Investor assigning his property. by Dennis Paradis, January 2020, 2 pgs PDF.
		Guide to Assigning Your Condo This Guide is a good summary of the major factors a Seller (assignor) should know before deciding to assign their condo (or any other real estate property). Credit should go to my colleague Matt Richling from RE/MAX Hallmark in Ottawa for most of the material covered. I added a few additional facts, mostly concerning HST and HST Rebate. Issued on this site, April 21st, 2019, PDF, 4 pgs.

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RE/MAX HALLMARK YORK GROUP REALTY LTD., BROKERAGE
15004 Yonge St Aurora, ON L4G 1M6
Business: 905-727-1941
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