Capital Gains

A retired couple speak with an accountant about the tax implications of their inherited property

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How to calculate the adjusted cost base of inherited property

What happens if you inherit a property and have no record of its value at that time? How can...

How to calculate the adjusted cost base of inherited property
A man reviews his capital losses on his cellphone at the office

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How to carry back a capital loss for a tax refund

Let’s look at the rules and restrictions around carrying back a capital loss, as well as three things to...

How to carry back a capital loss for a tax refund
A middle-aged woman in a business suit works on her laptop

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Should you sell investments at a loss to pay off debt?

When paying a high interest rate on debt, does it make sense to sell investments that have fallen before...

Should you sell investments at a loss to pay off debt?
A retired couple review the taxes on their recent real estate sale

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The tax implications for Canadians selling foreign real estate

How are Canadians taxed on foreign property? Find out if you should report the sale on your tax return...

The tax implications for Canadians selling foreign real estate

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An investor thinks about how to report taxes on her ETFs.

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How to file your taxes when you own ETFs

Let’s look at the tax implications of holding ETFs in a tax-free savings account, and the tax differences between...

How to file your taxes when you own ETFs
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
A couple sits on a bench overlooking a waterfront

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RRIF withdrawals: What should seniors with million-dollar portfolios do?

Seniors with large retirement accounts face a big tax-deferred liability. Which tax and estate planning strategies might help?

RRIF withdrawals: What should seniors with million-dollar portfolios do?
A woman with a large sun hat rests on a doc

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How is passive income taxed in Canada?

Investment income is subject to tax in Canada, including in some tax-sheltered accounts. Find out more about how passive...

How is passive income taxed in Canada?

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A first-time home buyer looks into FHSA withdrawal rules for a rental property she will live in.

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FHSA withdrawal rules and rental property advice for a first-time home buyer

Renting out part of your new home may help cover some costs. But would it still be considered a...

FHSA withdrawal rules and rental property advice for a first-time home buyer

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