B6 - Sunday, March 25, 1984 - North Shore News MEWS photo Terry Peters BEING REFITTED by International Submarine Engineering Led., this three man sub of the Canadian Armed Forces was being painted at lnlet Industrial Coatings in North Vancouver last week. Mike O’ Donoghue inspects the paint job on part of the sub which had been disassembled. At top is the way the complete craft appears. Can you afford that house? YOU HAVE a golden oppor- tunity to purchase a lovely house in the perfect neighborhood. Can you af- ford jt? The only way to determine this is to sit down with a piece of paper and calculate your monthly expenses. You will often hear the formula that you can afford to spend 25% to 30% of your gross (before taxcs) monthly income on mortgage payments. Like many gencral guidclines, this is a bit too broad to be useful AUSTIN INCOME TAX © Contidential ® Reasonabtie rates ® Visit for free estimate * Complete review tor Maximum tan deJduc trons @ In betore 9am Out Detore Spm Sulte 1-67 Lonsdate N. Vancouver (near Seatus) 986-0084 in specific cases. Once you have figured out how much you can offer as a down payment — and, hence, how much you must borrow — you can find out from mortgage lenders what your monthly payment would be. Write that down. Then list all the monthly payments you will be making as the proud owner of the new home — heating, elec- uicity, city taxes, water, repairs and so on. Talk to a home-owning friend in the same town about how bills tend to run; if possibte, talk to the owners of your pro- spective home about how much they pay on regular bills. Check on insurance costs for that particular house. ZIPPY PRINT PRESENTS TWO FREE SHOWS MONDAY MARCH 26 1:00 PM - 4:00 PM - 6:30 PM - 9:30 PM Sheraton Villa - Dominion St. Bumaby GO GO With A Winner! With Zippy! *# it you are tooking for a franchise under $100,000, and want to earn $50,000 a year or more Attend the show! * We have installed a complete tast print shop and will demonstrate printing free business cards! « Guest speaker Bill Warren. Author of Papers “The Warren , and equity capital financing expert * See a Zippy quick print shop in action Tath to successtul dealers Examine several top locations now available NO ADMISSION — NO CHARGE LIMITED ATTENDANCE SO COME EARLY For information Call 682-7838 Canada’s. relative economic and political stability has always attracted foreign investment to this country’s real estate. But as Ozzie Jurock, Vice President and General Manager of A.E. LePage Residential Real Estate Services points out, Canada offers a lot more: -a_well regulated property transfer system, with the law of tenure being clear and not - subject to rapid or unfore- Much to unfettered ‘by Government interference for those. “who elect to:create their. own pro- jects. In terms of speed: sat which industrial or commer- cial projects can be com- pleted, Canada compares favourably. with Frost developed countries: ~:’ Offering advice: to ven- dors, Jurock stresses that foreign investors require a precise description of “local market conditions, in. addi- tion..to the .details..of the. jin- -sophisticated capital markets and banking systems -a diverse resource base and long-range prospects -higher returns and greater flexibility. Because of the ‘Jack of a strong institutional presence in the North American property markets, the effective yields from real estate investments in Canada traditionally have been higher than in many for capital appreciation, make Canada and the United States attractive investment areas -there is a good supply of quality freehold properties -presence of an extremely _ competent development in- dustry which is relatively Question: operating costs as deductions? as fotiows DATE: Saturday, April 7. TIME: 200pm PLACE: North Vancouver SPEAKER: Sen Ray Perrault sent an awin general Valerio Thoem (922.8356) Membership Chmn 38 Glenmore Orive West Vancouver VTS 1A6 equivalent locations, . ‘especially Europe. The pro-. “spect -of- -higher— returns, together with the potential _ NORTH VANCOUVER-BURNABY FEDERAL LIBERAL ASSOCIATION «x * NOTICE xxx Notice is hereby given that the North Vancouver -Burnaby Federal Liberal Association will hotd a general meeting for the purpose of electing delegates to the National Leadership Convention tor- thcoming in Ottawa. June 14-17 Delegate election will take place 1984 Boundary Community Schooi (Gymnasium) 750 East 26th Street (From Lynn Vatley Ra . 26th St and turn teft ) ® & # Seven delegates and seven allernate delegates are tobe = * elected Two of the seven in each category must be women, and two must be aged twenty-five years or under. Those wishing to stand tor election must have (heir nominations moved and seconded and, if not present at the meeting. must furnish the chairman with their written con. persons eligible to vote in the election of delegates oF to have thet: names placed tn nomination tor any ol the delegate positions (A) must be aged tourtean or older and (B) must be members in good standing on the tists of the North Vancouver Burnaby Federal Liberal Association no tess than fifteen days prior to the date of the meeting However (C) persons fourteen or over who have previously been mombers of fhe Association and whose membership has expired within the preceding twetve mon- tha, or 6ix months in the case of nonresident members may become members in good standing with full privileges of voting and election by paying membership dues ($10 teguiat $5 seniors and students) at any time prior to the commencement of voting For intormation contact *® @ « Detogate selection is an activity of the utmost importance Mombers are oncouraged detegates and ali aro atrongly urged to attend the meoting in order to vote and thereby ensure the best possibte roprasentation for aur riding t vestment propérty. Too often, he says, presentations are geared toward local in- vestors._ “*The foreign investor must be provided with this infor- mation and convinced of the quality of the focation .and .the market before sérious consideration can be given.”’ : Book keeping $15. ie. B © Secretarial $10 hr. ~ ¢ Personalized answering service $35 per month includes mail receiving © Also personal tax returns: | as low as $15... Rental Ip When only a part of a residence is rented out, can you claim any First of ail, you must report the total amount received in rent. You.may: claim the expenses incurred to earn that rent. Expenses which relate: only to the rented area can ‘be claimed in full. However, overall: ex penses on the building, such as taxes and insurance, can only be | claimed in proportion to the total building. For more details obtain eo: special bookiet “Rental Income” from your district taxation office, or. consult a Certified General Accountant. For a FREE C.G.A. Tax Tips brochure cail or visit: _ PERRAULT, SMYTH & COMPANY Certified General Accountants 102-1975 Lonsdale Avenue North Vancouver, B.C. V7M 2K3 987-8101 follow Willlam Ave | north to Blanche Howard (980 6265) President 3066 Regent Avenue North Vancouver VTN 2271 to offer (hemsctves as