How would you like a nice 14% average total return each year for the past decade from your real estate holdings? Before you rush out and start looking for something in the red-hot condominium sector, you might want to take a quick glance at the Canadian real estate investment-trust sector.
Financial Post, by Garry Marr
December 2011
Marc Lamontagne, a certified financial planner at Ryan Lamontagne Inc., says he's a proponent of clients owning rental properties but concedes cash flow-positive returns are getting harder to come by. He also points to the tax advantages of owning property directly, although REITs have their own special tax treatment.
Full text: REITs more than a roof over your head
