Real Estate Question

family at the cottage, with its future generation of owners

Vacation Homes

Family legacy: How to pass along the family cottage—and 3 things to avoid

Discover key strategies from estate planning lawyer Peter Lillico on preserving your family’s cherished cottage for generations to come.

Family legacy: How to pass along the family cottage—and 3 things to avoid
Two electricians are looking at wiring inside an exposed wall, discussing if the renovation and upgrades are tax deductible

Ask a Planner

Are home renovations tax deductible in Canada?

Doing home renovations? Find out if there are any tax incentives that Canadians are able to claim.

Are home renovations tax deductible in Canada?
woman-in-office-what-is-a-mortgage-broker

Mortgages

What is a mortgage broker?

Mortgage brokers are mortgage specialists who have access to a network of lenders, ensuring you get the best mortgage...

What is a mortgage broker?

Buying

The difference between mortgage amortization and term

Plus how lenders use the 5/25 rule to qualify borrowers

The difference between mortgage amortization and term

Advertisement

Advertisement

Buying

Paying back the RRSP Home Buyers’ Plan

One reader wants to know if he should bother paying back his HBP loan

Paying back the RRSP Home Buyers’ Plan

Columns

Use the principal residence exemption to save on taxes

When you own multiple properties there are strategies to help save on capital gains taxes

Use the principal residence exemption to save on taxes

Buying

We don’t charge you mortgage insurance: CMHC

You could still pay a premium even with a 20% down-payment

We don’t charge you mortgage insurance: CMHC

Columns

Capital gains tax: Declaring the cottage ‘principal residence’

Almost all property is subject to capital gains tax

Capital gains tax: Declaring the cottage ‘principal residence’

Advertisement

Columns

How lenders calculate debt ratios on rental properties

Not all your rental income is used to lower your debt service ratios

How lenders calculate debt ratios on rental properties

Advertisement