Tag: Real Estate Tax

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 Watch Video

If you have a capital gain on the sale of real estate but have not received the entire payment,

Deferring capital gains tax on real estate sales explained

If you have a 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.

Claiming the Principal Residence Exemption Watch Video

Have you sold your principal residence in the year?

Reporting for Foreign Property Owned Outside of Canada Watch Video

Are you confused about reporting foreign property owned outside of Canada?

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 tips for real estate investors in Canada and U.S

Real Estate investors in Canada and the United States should be aware of the tax implications of investing in real estate. In this presentation, Allan Madan explains the most tax effective structure to hold and own real estate properties in both Canada and the United States. He also explains how to minimize estate tax for … Continue reading Tax tips for real estate investors in Canada and U.S

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

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

Tax implications of selling or gifting a family cottage

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

Tax Tips for Real Estate Agents

Professionals across all industries and sectors can utilize a number of different strategies to minimize their overall tax obligations. In this presentation, Allan Madan provides the most effective tips for real estate agents to reduce their expenses and minimize their overall tax obligations. The topics in this presentation include: Deducting vehicle related expenses Keeping a … Continue reading Tax Tips for Real Estate Agents

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

Are you wondering what are the benefits of using your RRSP to invest in real estate?

Using RRSP to invest in real estate: key benefits outlined

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 a 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

Benefits of the Three Tier Structure for Real Estate Investors Watch Video

Are you wondering what are the benefits of the three tier structure for real estate investors?

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