Why a reverse mortgage should be a last resort for most Canadian retirees
Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...
Selling
Open bidding in Ontario: Game-changer or business as usual?
An Ontario law came into effect last year, designed to add transparency to the home-bidding process. Has it changed...
Yes, a cottage is an investment property—here’s how to minimize capital gains tax
Should you “invest” in a cottage? And if you do, what happens when you sell it, give it away...
Can I sell my cottage tax-free?
Is there a tax exemption for capital gains? No, but find out how to allocate your principal residence exemption...
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Inheriting cottage and the capital gains implications
Jill's late husband left her a cottage. What happens if she transfers ownership to her stepchildren?
Reducing capital gains on a cottage
With planning and the right documents, the capital gains tax owing on a family cottage can be lowered. Here...
What happens if you delist your condo?
You couldn’t get the offer you wanted, so you’ve pulled it off the market. Now what?
Capital gains tax when renting out your former principal residence
There may be tax implications to renting out your home after moving out of it. There are also some...
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Selling a cottage to a family member: What that means for capital gains
If the property was bought before 1994, there may already have a $100,000 capital gains deduction.