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October 16, 2023
Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:
October 16, 2023
Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:
October 12, 2023
Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:
October 09, 2023
Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:
October 04, 2023
Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:
September 21, 2023
Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:
September 11, 2023
Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:
September 07, 2023
Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:
September 05, 2023
Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:
January 26, 2023
Effective January 1, 2023, new rules aimed to prevent house-flipping may apply to the sale of your home. A new rule will deem Canadian residential properties sold by taxpayers who held the properties less than 365 days to be a “flipped property”, unless the taxpayer can establish that they disposed of the property due to:
January 19, 2023
As the deadline for filing individual tax returns approaches, taxpayers may still have tax returns outstanding from prior tax years. This can lead to a vicious cycle, where taxpayers continue not to file returns because prior years remain unfiled. Taxpayers can, however, late-file outstanding tax returns. Penalties and interest continue to accumulate as long as those returns remain unfiled.