Tax on Real Estate Sales in Canada

Ever wonder how to deal with tax on real estate sales in Canada? If you own a rental property or a real estate investment in Canada, and have sold or are thinking of selling, read this article for helpful tax tips that can save you thousands.

Tax Implications of Canadians Selling US Property

Do you own or are thinking of owning a property in the United States? When the Canadian dollar was on par with the US dollar, many Canadians bought U.S property. But now as the Canadian dollar weakens, some people want to sell and lock in their gains. In this video, I will discuss the cross … Continue reading Tax Implications of Canadians Selling US Property

Tax Implications on Real Estate Seminar by Allan Madan

Allan Madan presents, “Tax Implications of Real Estate” at the International Centre in Mississauga, Ontario.

Should I Rent or Buy a Home in Canada?

Are you looking to downsize but don’t know if you should rent a property or buy? When the time comes to downsizing from your home to an apartment or condo, it is difficult to decide whether renting or owning a property is the right strategic move for you. There are many financial and emotional factors … Continue reading Should I Rent or Buy a Home in Canada?

How to Write-Off Taxes from Your Home Renovation Expenses

Are you a senior or eligible for the disability tax credit? Are you looking to renovate your home to make it more accessible for you and your loved ones? Well, we have just the tax strategy for you!

How to Make Your Home Mortgage Tax Deductible in Canada

Want to know how to make your mortgage interest tax deductible?  Find out out how to write-off your mortgage interest expenses for tax saving purposes!

How to Save Money on a Primary Residence Changed into a Rental Property

When you start renting out your primary residence, it’s important to be aware of the various tax and interest implications. You can still deduct your mortgage and home equity line of credit interest. Continue reading to find out how.

How to Deduct Interest on Money Borrowed for Investment Properties

If you are a real estate investor and are thinking of borrowing money to make your next purchase, continue reading this blog.  Learn how you can save taxes by claiming tax-deductible interest!

Claiming Basement Renovation Costs

Are you planning on renovating your basement for rental purposes? If so, then start your drills and put on your hard hat because this week’s tax tip is all about claiming basement renovation costs!

How to Defer Capital Gains Tax on Real Estate Sales

If you have capital gain on the sale of real estate but have not received the entire payment, you can actually defer paying tax on that capital gain by using the capital gains reserve mechanism.

Claiming the Principal Residence Exemption

Have you sold your principal residence in the year? If yes, this article is for you. This article will look at the most commonly asked questions about the principal residence exemption.

Reporting for Foreign Property Owned Outside of Canada

Are you confused about reporting foreign property owned outside of Canada? Reading this blog will give you all the information you need when filing taxes!

Tax Implications of Selling or Gifting Your Cottage to a Family Member

Before being overly generous, consider the tax implications of selling or gifting your cottage to family.

What are the Benefits of Using Your RRSP to Invest in Real Estate?

Are you wondering what are the benefits of using your RRSP to invest in real estate? Read this blog and watch the video to find out how you can take advantage of this tax saving tip.

Benefits of the Three Tier Structure for Real Estate Investors

Are you wondering what are the benefits of the three tier structure for real estate investors? Read this article to find out more

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