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Do you do capital gains and real estate. BC. None own home
none own home thinking of purchasing into another home 1/2 home is primary residence 1/2 in other home would become primary do not want to trigger capital gains...so how do I do a transaction on 1/2 the other home and avoid capital gains … read more
Debra
Debra
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I am new to home buying in Canada & very new permanent
I am new to home buying in Canada & very new permanent resident here. I have below questions as first timer:- 1. Any condo or townhouse I purchase most likely 3 BR 2 BA- how can i ensure that it is a … read more
Debra
Debra
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I'm thinking of buying a condo in Ontario, Canada, as a gift
I'm thinking of buying a condo in Ontario, Canada, as a gift for my two daughters, aged 18 and 17. I would be paying cash. Can I put both of their names on the title even if one is still a minor? I wo… read more
Debra
Debra
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Doctoral Degree
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New question, We built a house in Chelsea Qc. I financed it
Hi, new question, We built a house in Chelsea Qc. I financed it through loans and credit, but my common law spouse built it. We put it in my name as it was my first house and we applied for the first … read more
Debra
Debra
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Doctoral Degree
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I have been living in Bermuda for the past 30 years and have
Hi, I have been living in Bermuda for the past 30 years and have my Bermudian status along with my Canadian. I have been married to a Bermudian for the past 20 years and have a 17 year old son who als… read more
Debra
Debra
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Doctoral Degree
145,074 satisfied customers
I bought a small one bedroom condo 9 years ago. After living
I bought a small one bedroom condo 9 years ago. After living there for two years, I moved out and rented to a bigger two bedroom apartment as my son was born and needed more space. Since I moved out o… read more
Debra
Debra
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Doctoral Degree
145,074 satisfied customers
I owned two properties, one I live in and one I have rented
I owned two properties, one I live in and one I have rented for the past 3 and half years in Ontario. I am thinking of selling the rental property. We have never claimed any depreciation tax benefit o… read more
Debra
Debra
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Doctoral Degree
145,074 satisfied customers
if I sale my house and transfer the money which I got ,to another
if I sale my house and transfer the money which I got ,to another country do I need to pay any tax(like exit tax) to canadian government? do I need to report it to the government? is there any procedu… read more
Copperlaw
Copperlaw
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This question applies to Canada. Situation: Brief description:
This question applies to Canada. Situation: Brief description: Two people, man and woman, get married in September 2011, they each had a house. They move in to one house. The other home, a condo unit,… read more
Law.Hut
Law.Hut
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I am a Canadian citizen who has just retired and returned to
I am a Canadian citizen who has just retired and returned to Canada after 25 years working overseas to reside in Ontario. I have taken back my property I purchased in 2008 from tenants and it is now m… read more
Debra
Debra
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Doctoral Degree
145,074 satisfied customers
Capital Gains on a rental property I own a triplex in Vancouver
Capital Gains on a rental property : I own a triplex in Vancouver valued at $1,425,000. I bought it in 1985 for $154,000. It has been a licensed triplex since I bought it. I live in 1/3 of the house, … read more
Debra
Debra
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Doctoral Degree
145,074 satisfied customers
I converted my property from a bungalow to a 2 storey duplex
I converted my property from a bungalow to a 2 storey duplex House valued $225,000 I lived in the bottom part for 18 years I moved out in 2003 and rented the bottom part and the top part House value $… read more
Debra
Debra
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Doctoral Degree
145,074 satisfied customers
In 2003 my wife and I decided to immigrate to Canada from the
In 2003 my wife and I decided to immigrate to Canada from the UK as soon as we could obtain a permanent residence visa for Canada and sell our business and home in the UK. We bought a property in West… read more
Debra
Debra
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Doctoral Degree
145,074 satisfied customers
this is for real estate law, we own several properties in quebec,
this is for real estate law, we own several properties in quebec, if we now want to sell a triplex, how much on capital gains taxes will there be charged? and do we have a one time taxexcemption as we… read more
Debra
Debra
Lawyer
Doctoral Degree
145,074 satisfied customers
Hi, I am moving to Canada from the UK in May 2011. I cannot
Hi, I am moving to Canada from the UK in May 2011. I cannot sell my UK house (Primary residence) so may rent it out until UK economy improves. This may be 5 years! When I sell the UK house, do I have … read more
Debra
Debra
Lawyer
Doctoral Degree
145,074 satisfied customers
My parents sold their home (Principal Residence) in N.B. Canada
My parents sold their home (Principal Residence) in N.B. Canada 2009 and relocated back to Ontario after the death of their youngest daughter. They purchased a lot and built a house 2 doors down from … read more
Debra
Debra
Lawyer
Doctoral Degree
145,074 satisfied customers
I would to inquire about what restrictions might apply on a
I would to inquire about what restrictions might apply on a property transferred from a son to a mother as a gift "love and affection “in the Province of Ontario, Canada. I would to inquire about what… read more
Debra
Debra
Lawyer
Doctoral Degree
145,074 satisfied customers
I would to inquire about what restrictions might apply on a
I would to inquire about what restrictions might apply on a property transferred from a son to a mother as a gift "love and affection “in the Province of Ontario, Canada. I would to inquire about what… read more
Debra
Debra
Lawyer
Doctoral Degree
145,074 satisfied customers
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