Dec 31, 2017, 6:09 am
Last edit by: jc94
This new annual thread has been carved out of the previous thread in an effort to reduce the number of megathreads on the AC forum. For those interested previous versions are the original 2004 - 2014 thread , 2015 edition, 2016 edition and 2017 edition
The original thread started by accident but quickly became a popular place to come and discuss off topic things such as hockey, new movies, or almost anything that wouldn't fit into existing AC forum threads. More Air Canada or Aeroplan topics such as flight feedback, in-flight services issues or mileage earning/redemption are all topics that should go into existing AC forum threads so others can benefit from this information. Topics about hotels or airlines and/or their loyalty programs should be posted elsewhere on FT as should topics better suited to other forums such as Travel Products for questions about luggage or Travel Photography for discussion about cameras.
While the conversation is more relaxed as it would be in a lounge that doesn't mean however that the FT rules don't apply here as they definitely do so please refrain from controversial topics such as politics or religion, avoid profanities and treat other lounge patrons with the same respect you expect.
The original thread started by accident but quickly became a popular place to come and discuss off topic things such as hockey, new movies, or almost anything that wouldn't fit into existing AC forum threads. More Air Canada or Aeroplan topics such as flight feedback, in-flight services issues or mileage earning/redemption are all topics that should go into existing AC forum threads so others can benefit from this information. Topics about hotels or airlines and/or their loyalty programs should be posted elsewhere on FT as should topics better suited to other forums such as Travel Products for questions about luggage or Travel Photography for discussion about cameras.
While the conversation is more relaxed as it would be in a lounge that doesn't mean however that the FT rules don't apply here as they definitely do so please refrain from controversial topics such as politics or religion, avoid profanities and treat other lounge patrons with the same respect you expect.
The Forum Lounge Thread (2018)
Apr 5, 2018, 3:24 pm
#1036
Join Date: Apr 2013
Location: YVR
Programs: Ice Cream Club, AC SE MM, Bonvoy Life Plat
Posts: 2,803
@DrunkCargo - you must really love the new speculation tax.
Apr 5, 2018, 9:16 pm
#1037
Join Date: Apr 2015
Location: YVR
Programs: UA Premier Platinum
Posts: 3,759
@DrunkCargo - you must really love the new speculation tax.
Apr 5, 2018, 10:29 pm
#1038
Join Date: May 2005
Location: YYZ
Programs: AC e75K, *G, SPG/MR PPE
Posts: 315
But I still don't understand why you'd live in the place? I was born in Vancouver, believe me, I've ridden the property trend a bit the past 2.5 decades, but I never lived in my investments. In BC it just means paying more transfer tax and closing costs, but meh, why actually move my crap around?
I haven’t run The math on what the tax would be on flipping like this in years so I have no idea whether it’s worth the effort.
I wonder if there’s something related to the timing? Even if they’re freehold detached homes...
Apr 5, 2018, 10:47 pm
#1039
Join Date: Apr 2015
Location: YVR
Programs: UA Premier Platinum
Posts: 3,759
To maintain your personal residence exemption. If you flip a lot it’s a red flag for CRA and you end up paying capital gains or corporate tax. It was a hot topic for a while and I think it’s still a focus. As part of their enforcement they were asking people to verify and validate their residency.
I haven’t run The math on what the tax would be on flipping like this in years so I have no idea whether it’s worth the effort.
I haven’t run The math on what the tax would be on flipping like this in years so I have no idea whether it’s worth the effort.
Most of the flippers I know just use family members who don't own their own homes as straw buyers. The straw buyer claims the investment property as their principal residence. Straw buyer gets to claim the first time home buyer tax credit, too.
Apr 6, 2018, 3:37 pm
#1040
Join Date: Jan 2016
Location: YYZ
Programs: Only J via Peasant Points, 777HDPeasant or The Unexpected Virtue of Ignorance and Narcissism.
Posts: 5,955
LMAO ROFL
$SNAP just updated its investor website
$SNAP just updated its investor website
Apr 6, 2018, 3:46 pm
#1041
Join Date: Aug 2013
Location: YVR - MILLS Waypoint (It's the third house on the left)
Programs: AC*SE100K, wood level status in various other programs
Posts: 6,232
Nothing like marketing BS.
Anytime I see the word "empower" in a corporate context, I get suspicious.
Anytime I see the word "empower" in a corporate context, I get suspicious.
Apr 6, 2018, 5:01 pm
#1042
Join Date: Apr 2015
Location: YVR
Programs: UA Premier Platinum
Posts: 3,759
I'm currently without noise cancelling headphones for a few weeks while Bose replaces my QC25s that died. You don't realize how great active noise cancelling on flights is until you don't have it anymore...
Apr 6, 2018, 6:07 pm
#1044
Join Date: Apr 2013
Location: YVR
Programs: Ice Cream Club, AC SE MM, Bonvoy Life Plat
Posts: 2,803
To maintain your personal residence exemption. If you flip a lot it’s a red flag for CRA and you end up paying capital gains or corporate tax. It was a hot topic for a while and I think it’s still a focus. As part of their enforcement they were asking people to verify and validate their residency.
*sigh*
Apr 6, 2018, 7:09 pm
#1045
Join Date: Apr 2015
Location: YVR
Programs: UA Premier Platinum
Posts: 3,759
Apr 7, 2018, 12:04 am
#1046
Join Date: Apr 2012
Location: Canada
Programs: AC E50k, A3*G, UA*S, MR Titanium, HHonors Gold, Carlson Gold, NEXUS
Posts: 3,669
My U2 TXL-MUC is operated by a wetleased Condor 753. This feels like a waste for such a large plane 
Apr 7, 2018, 5:41 pm
#1047
Join Date: Apr 2016
Location: YHZ/YQM
Programs: Aeroplan
Posts: 1,618
So I was at Dollarama today and saw a knock-off Kit Kat Chunky that is imported from Turkey. The funny thing is that it tasted better than a real Kit Kat. Sorry 24left.
Apr 7, 2018, 5:57 pm
#1048
Suspended
Join Date: Sep 2014
Programs: AC SE100K-1MM, NH, DL, AA, BA, Global Entry/Nexus, APEC..
Posts: 18,877
LOL. No worries. I just saw these in BKK. I love how they managed to get 5 or 6 different languages on the package.
As for your Turkish Kit Kat, I'm sure it tasted better. My "experiences" led me to conclude that our Kit Kats only taste good in 2 specific locations/situations: 1. On an AC flight, crossing the Pacific, pre-or post the noodles. 2. Chilled Kit Kats and chilled champagne
Apr 7, 2018, 6:33 pm
#1049
Join Date: Aug 2012
Programs: AC E35K, NEXUS
Posts: 4,368
I saw these in Shoppers Drug Mart downtown Toronto yesterday. And saw the small Japanese green tea ones in Loblaws today.
Is our domestic deprivation of exotic KitKats coming to an end?
Apr 9, 2018, 12:02 am
#1050
A FlyerTalk Posting Legend
Join Date: Sep 2012
Location: SFO
Programs: AC SE MM, BA Gold, SQ Silver, Bonvoy Tit LTG, Hyatt Glob, HH Diamond
Posts: 44,353
After traveling with just my backpack, I forgot to pull my passport out when I got home.
I've been walking around in the rain the past week.
Passport is completely ruined.
I've been walking around in the rain the past week.
Passport is completely ruined.