Real estate

Plan before Dec 31, 2025: a Canada year-end tax checklist for business owners, investors, and families.

Selling your short-term rental? Understand the GST/HST rules to avoid costly surprises

Ensure your short-term rental is compliant with local laws to avoid losing tax deductions. Expert tips for hosts.

The multigenerational home renovation tax credit is a refundable tax credit applicable to the costs of constructing a secondary suite for an eligible person (generally a relative either age [...]

In a March 30, 2023 Tax Court of Canada case, the taxpayer was assessed for failing to withhold taxes on rent paid on Canadian [...]

The tax-free FHSA was introduced in 2023 to help first-time home buyers save up to $40,000 for a home purchase. Individuals eligible to open [...]

In general, gains are fully taxable where the taxpayer buys a property with the intention to sell for a profit (sold on “account of income"). In other cases, half the gain is taxable (sold on “account of capital”). When a sale on “account of capital” involves the sale of a principal residence, the tax may be reduced or eliminated by using the principal residence exemption.