Vacation Homes

A couple receive the keys to their new home from a realtor

Real Estate

The tax implications of buying a second home in Canada

Vacation or rental property, or both? Here are the taxes you can expect on a secondary property in Canada,...

The tax implications of buying a second home in Canada
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
A newly renovated kitchen of a rental property

Real Estate

Down payment for a second home in Canada: How much do you need?

Second homes and rental properties have their own down payment requirements. Here’s what to expect when buying a second...

Down payment for a second home in Canada: How much do you need?

Investing

Canadian Financial Summit 2023: MoneySense sessions and free tickets

Canadian Financial Summit 2023: MoneySense sessions and free tickets

Advertisement

Advertisement

A man in a suit holds a miniature house in his hands

Real Estate

Buying a second home: How it works in Canada

Whether it’s for yourself or it’s an investment, here’s what you should know about the rules, requirements and financial...

Buying a second home: How it works in Canada
View of the rooftops of a Lisbon residential district at twilight

Ask a Planner

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?
A woman takes notes while discussing inheritance rules with an advisor on the phone

Ask a Planner

When does the “plus 1” rule apply to a principal residence? 

There are tax implications to inheriting a second property. But in certain circumstances, you can have two principal residences...

When does the “plus 1” rule apply to a principal residence? 
A middle-aged couple enjoy downtime in the park home they plan to sell in the U.S.

Ask a Planner

What are the tax implications of selling U.S. real estate?

Mary and Vic are selling a property in the U.S. and want to know what the capital gain...

What are the tax implications of selling U.S. real estate?

Advertisement

The exterior view of a bungalow that will serve as the buyer's vacation home

Real Estate

Can I afford to buy a second home?

A second home can serve many purposes, from a vacation destination to student housing for your children. Here’s how...

Can I afford to buy a second home?

Advertisement