Cottages

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 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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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
cottage-insurance-guide

Home Insurance

A guide to cottage insurance

Cottage insurance is a must-have for your home away from home. Here’s what you need to know about...

A guide to cottage insurance

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A beach front view of a row of cottages

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Can we afford to buy a cottage?

When you're saving it helps to be focused on a goal, but Bruce Sellery says it's also important not...

Can we afford to buy a cottage?
capital gains cottage

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Inheriting cottage capital gains

Jill's late husband left her a cottage. What happens if she transfers ownership to her stepchildren?

Inheriting cottage capital gains

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Selling a cottage to a family member

If the property was bought before 1994, there may already have a $100,000 capital gains deduction

Selling a cottage to a family member

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Can I sell my cottage tax-free?

How to allocate your principal residence exemption and what it'll cost you

Can I sell my cottage tax-free?

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income property

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Reducing capital gains on the sale of a cottage

Fred's mother wants to claim the cottage her principal residence before selling it to the kids

Reducing capital gains on the sale of a cottage

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