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Real Estate

A young farmer stands proudly amongst the first leaves of corn stalks, as he may be getting the farm from his father to avoid taxes.

Can you gift a farm to your kids to avoid taxes?

The idea to gift property to a family member for a dollar to avoid tax is a common one....

Can you gift a farm to your kids to avoid taxes?

A historic vacation property with private access to the shore that was purchased through a corporation

Should you buy real estate through a corporation?

It can make sense to purchase rental or vacation properties through a corporation, but often it's simpler—and less risky...

Should you buy real estate through a corporation?

A modern condo building against the backdrop of a clear blue sky

Will you make money on your rental property?

Rental real estate has been a great investment for many Canadians. But how do you assess whether yours is...

Will you make money on your rental property?

A hallway's exit sign that illustrates a home buyer's decision to break out of a real estate deal

What happens when a buyer backs out of a real estate deal?

Signing a purchase agreement and then failing to close can have serious financial consequences—and courts don’t take it lightly....

What happens when a buyer backs out of a real estate deal?

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A couple are looking at a photo book, as they clear up the home of a family member. They're also at the stage of wondering the next steps, including who will pay for the mortgage

Estate Planning

Is the family responsible to pay the mortgage for a loved one who has passed away?

When a home owner dies with money owing on the property, the type of ownership determines who is accountable...

Is the family responsible to pay the mortgage for a loved one who has passed away?

A woman sitting at her laptop gazes upward, deep in thought.

How capital gains tax on property is divided in a divorce

When a couple separates, how does owning, transferring and dividing multiple properties affect capital gains?

How capital gains tax on property is divided in a divorce

To show family co-ownership of a house, a mother and her adult daughter are cooking together in their kitchen

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.

Co-ownership: Are there any tax implications if you sell part of your house to a relative?

A woman is sitting in a lawyer's office reading a power of attorney document, and she is wondering what the fees are for a POA in Ontario.

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...

Are fees payable for acting as a power of attorney?

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Russell Peters smiles wearing a hat. He chats with MoneySense about investing in real estate.

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...

What’s Russell Peters doing now? Investing, and it’s a laugh

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