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I am wondering how my dad can transfer his 50% interest in
I am wondering how my dad can transfer his 50% interest in our family cottage into my name with the least amount of tax implications possible … read more
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Parents have property& cottage in Ontario Canada. Parents,
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I have been renting my "home" from my parents for 14+ years.
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Background I own an apartment I have a mortgage that matures
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My mother in law owns a property in Toronto. It was
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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
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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
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Strangely enough I do have a question regarding the "gifting"
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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
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I converted my property from a bungalow to a 2 storey duplex
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My parents sold their home (Principal Residence) in N.B. Canada
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Can I transfer a second home to my children without tax implications
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Can a parent in Ontario gift her portion of a non-residential
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Cottage is owned by three brothers. One brother wants off the
Cottage is owned by three brothers. One brother wants off the deed. No money to exchange hands, just wants off deed. Can this be done with quick claim deed, no capital gains tax or transfer tax?… read more
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We inherited a cottage from our parents in Ontario, we are
We inherited a cottage from our parents in Ontario, we are all Americans. Could we make a land transfer of the property to our children without having them or us pay taxes. If not, do Americans have t… read more
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