The tax implications of buying a second home in Canada
Vacation or rental property, or both? Here are the taxes you can expect on a secondary property in Canada,...
Capital Gains
Tax implications of adding a child’s name to your rental property
To fully understand the potential tax outcomes, consider legal versus beneficial ownership, the capital gains inclusion rate, changes to...
Yes, a cottage is an investment property—here’s how to minimize capital gains tax
Should you “invest” in a cottage? And if you do, what happens when you sell it, give it away...
Can I sell my cottage tax-free?
Is there a tax exemption for capital gains? No, but find out how to allocate your principal residence exemption...
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Inheriting cottage and the capital gains implications
Jill's late husband left her a cottage. What happens if she transfers ownership to her stepchildren?
Capital gains tax when renting out your former principal residence
There may be tax implications to renting out your home after moving out of it. There are also some...
Selling a cottage to a family member: What that means for capital gains
If the property was bought before 1994, there may already have a $100,000 capital gains deduction.
Tax deductible expenses when selling a cottage in Canada
Minimize capital gains taxes on the sale of a cottage in Canada by making smart reno choices.
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Can you use the Home Buyers’ Plan to buy a foreign property?
Find out if you can use the RRSP home-buying program to purchase foreign property and the tax implications that...