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cottage ownership

Canadian family saying goodbye to the cottage they're selling.

Taxes

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
A terrace with a hammock and wooden picnic table overlook a forested neighbourhood

Real Estate

Is a vacation home a good investment?

A cottage or other vacation property can provide a great way to unwind and spend time with family. But...

Is a vacation home a good investment?

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How real estate is taxed during a separation or divorce

A couple owned two properties, and each person is taking one as part of their separation. What are the...

How real estate is taxed during a separation or divorce
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

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Understanding the 1994 capital gains tax election

There is a $100,000 capital gains exemption that applied until 1994. Find out if it can be used to...

Understanding the 1994 capital gains tax election

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