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Selling

Two empty Muskoka chairs on a deck, to inspire the contrast of the perks of a cottage in Canada and the financial implications.

Real Estate

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...

Yes, a cottage is an investment property—here’s how to minimize capital gains tax
Canadian couple in the kitchen of their cottage as they contemplate selling and if they an avoid taxes.

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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...

Can I sell my cottage tax-free?
Canadian mom and child at the cottage she inherited from her father and shares with her siblings and step mom.

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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?

Inheriting cottage and the capital gains implications
Leaving a cottage to family and capital gains

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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...

Reducing capital gains on a cottage

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empty condo for sale

Real Estate

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?

What happens if you delist your condo?

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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...

Capital gains tax when renting out your former principal residence
Two brothers fishing at their Canadian cottage.

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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.

Selling a cottage to a family member: What that means for capital gains
Canadian family saying goodbye to the cottage they're selling.

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Tax deductible expenses when selling a cottage in Canada

Minimize capital gains taxes on the sale of a cottage in Canada by making smart reno choices.

Tax deductible expenses when selling a cottage in Canada

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View of the rooftops of a Lisbon residential district at twilight

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Can you use the Home Buyers’ Plan to buy a foreign property?

Find out if you can use the RRSP home-buying program to purchase foreign property and the tax implications that...

Can you use the Home Buyers’ Plan to buy a foreign property?

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