Co-ownership: Are there any tax implications if you sell part of your house to a relative?
A finance expert addresses capital gains taxes, possible tax credits, and other factors related to co-ownership of a home.
Taxes
Does it make sense to retire when we’re still in a pandemic?
The COVID-19 pandemic has been life-changing for those over 60, and not just because of the risk of illness....
Should you transfer property to a child and then rent it from them?
Satyesh is considering transferring his home to his daughter and then renting it back from her. What are the...
Are fees payable for acting as a power of attorney?
Can you be paid for a role as an attorney for property, in particular, after the position has already...
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What’s Russell Peters doing now? Investing, and it’s a laugh
We all learned about our money during the lockdowns, and so did comedian Russell Peters. He sits down with...
Your Ontario staycation just got cheaper
To help you take advantage of the 2022 Ontario staycation tax credit, we’ve lined up five home-grown adventures that...
How much are withholding taxes on RRSPs and RRIFs?
Anne wants to take extra RRIF withdrawals beyond her annual minimum amount and is worried about the tax implications.
The tax implications of owning multiple properties during probate
When a spouse passes away, what are the tax, probate and mortgage implications for multiple properties?
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How do quarterly income tax installments work?
Explore how tax installments work, how to best plan to paying them on time, and what happens if you...