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...
capital gain
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...
Inheriting cottage and the capital gains implications
Jill's late husband left her a cottage. What happens if she transfers ownership to her stepchildren?
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.
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.
Is the capital gains hike legally binding? What it would take to change the rules
A change to the capital gains inclusion rate takes effect on June 25. We look at the likelihood of...
When are costs for a U.S. property tax-deductible in Canada?
Canadians pay tax on their worldwide income. But do the costs associated with U.S. properties get the same tax...
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You have to sell a cemetery plot—will you owe capital gains tax?
Cemetery plots in some big Canadian cities can be worth $50,000 or more. Their sale or deemed disposition may...