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Guide to flipping a house

The Canadian government has set its sights on the house-flipping industry to cool housing prices. Ottawa held that slapping an anti-flipping tax would help bring down home valuations, allowing a greater number of prospective homebuyers to purchase a property. Indeed, flipping a house in the Canadian real estate market can be wealth-generator for individuals and corporations, under the right market conditions. But how can you take advantage of such opportunities?

We have compiled a guide of the best tips to keep in mind.

A Beginner’s Guide to Flipping a House

#1 Do the Math

When flipping a house, some people think it’s merely about the market value. However, several other financial factors are critical to remember.

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