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My wife and I purchased a cottage in Ontario, Canada in 2002
My wife and I purchased a cottage in Ontario, Canada in 2002 from her parents. Capital gain's were paid upon the transfer of title at that time. I had my children's names added to the title with my wi… read more
Debra
Debra
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I want to sell my cottage. How do capital gains taxes work.
I want to sell my cottage. How do capital gains taxes work. What percentage etc.? … read more
Debra
Debra
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Doctoral Degree
88,964 satisfied customers
My partner and I are separated. We have two properties, she
My partner and I are separated. We have two properties, she is keeping one and I am keeping the other. Does she have to pay capital gains tax? I am not selling the property, just need to take her name… read more
Debra
Debra
Lawyer
Doctoral Degree
88,964 satisfied customers
A husband and wife are listed on the deed to a property in
A husband and wife are listed on the deed to a property in Ontario as joint tenants. They purchased the property about 20 years ago. The husband died about 3 months ago in a foreign country which was … read more
Debra
Debra
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Doctoral Degree
88,964 satisfied customers
deceased did not reside on property for a very long time before
deceased did not reside on property for a very long time before his death, he resided in Sechelt, B.C., the sale documents are being signed by the Executor of the estate and the proceeds to be divided… read more
Law.Hut
Law.Hut
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Law degree (Juris Doctor)
6,458 satisfied customers
deceased died 10 years ago, had property in Bella Coola, B.C.,
deceased died 10 years ago, had property in Bella Coola, B.C., resided there at one time, property just sitting all this time for sale, a sale has now gone through, completes 30th of this month, the p… read more
Law.Hut
Law.Hut
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Law degree (Juris Doctor)
6,458 satisfied customers
Three siblings hold a condo in Florida as "tenants in common"
Three siblings hold a condo in Florida as "tenants in common" Our mother has the right of survivorship. Our father passed away in 2001. This condo is now being sold. The sale value is about $10,000 le… read more
Law.Hut
Law.Hut
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Law degree (Juris Doctor)
6,458 satisfied customers
My father died in 2006 and my sister is the executer. She has
My father died in 2006 and my sister is the executer. She has still not settled the entire estate - waiting to see if capital gains needs to be paid on the cottage and shares transferred to her. How m… read more
Copperlaw
Copperlaw
Barrister and Solicitor
Law Degree
2,044 satisfied customers
i own a house that lived in for a year while my girl freind
i own a house that lived in for a year while my girl freind and i were seperated,i also own a home jointly with my girlfreind that we had previous i have the one that i own myself up for sale for the … read more
Copperlaw
Copperlaw
Barrister and Solicitor
Law Degree
2,044 satisfied customers
Hi Debra, I have done some calculations to prepare for an Asset
Hi Debra, I have done some calculations to prepare for an Asset Equalization payment. The biggest part of the equity gain in our family is aproximately 95K of stock investments acquired with some leve… read more
Debra
Debra
Lawyer
Doctoral Degree
88,964 satisfied customers
I have a serious question for family law I had a court order
I have a serious question for family law I had a court order not to communicate with my x wife for 18 monthes she was living in our matrimonial houes and i was not allowed within 500 meters of it i wa… read more
Debra
Debra
Lawyer
Doctoral Degree
88,964 satisfied customers
My mothers money is in Stock and bank based investments.
My mother's money is in Stock and bank based investments. What is the tax rate on these products after death? The family is considering moving the money into real estate.… read more
Debra
Debra
Lawyer
Doctoral Degree
88,964 satisfied customers
Canadian tax question. Took brother off deed to family cottage
Canadian tax question. Took brother off deed to family cottage in Ontario prior to his divorce 6 yers ago. Now that all is settled I want to put him back on. Is there any problem or expense to do that… read more
Debra
Debra
Lawyer
Doctoral Degree
88,964 satisfied customers
my wife and children have been living in our marital home since
my wife and children have been living in our marital home since we seperated 7 yrs ago. When i left i left all the marital posesions in the home and only took my clothes with me. My wife agreed to pay… read more
Debra
Debra
Lawyer
Doctoral Degree
88,964 satisfied customers
This is a follow-up question to your reply about my two condos.
This is a follow-up question to your reply about my two condos. I bought the first condo pre-construction for $147,000.00 (which took over 2 years to build) and lived in it for the first two years. My… read more
Debra
Debra
Lawyer
Doctoral Degree
88,964 satisfied customers
My wife and I have no seperation agreement yet, we are selling
My wife and I have no seperation agreement yet, we are selling our house, and will be getting divorced after. We have a car loan we both signed on, and it is in both names it is worth about 11,000 we … read more
Debra
Debra
Lawyer
Doctoral Degree
88,964 satisfied customers
I moved out 3 years ago but i am still legally married.When
I moved out 3 years ago but i am still legally married.When we divorce does my wife have any claim to money i have made these years since seperation.eg my new house ,car etc that i bough since we sepe… read more
Debra
Debra
Lawyer
Doctoral Degree
88,964 satisfied customers
My wife and I are part owners of farmland in British Columbia
My wife and I are part owners of farmland in British Columbia Canada with her brother and his wife the other partners. Her brother and his wife are currently selling their portion to us. We reside on … read more
Debra
Debra
Lawyer
Doctoral Degree
88,964 satisfied customers
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