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Real Estate Sale – Don’t Pay the Taxes Until You Get Paid!
You’ve sold some real estate and turned a profit. Now it’s time to report the gain to the taxman. The problem is, you took back a mortgage on the sale, haven’t been paid, and the taxes on the gain are going to come out of your
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Builders Beware! – Possible HST Implications on Used Residential Complexes
Buying, renovating, and then renting (or selling) existing properties is a significant business. But, what many first-time investors or builders might not know is, “substantial renovations” to existing properties are not
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Changing Personal Real Estate to Income Property and Vice Versa
Deciding to move can always be a challenge. What happens if you decide to move but instead of selling your home, you rent it out to tenants? Or you decide now that the kids are all grown up that you want to sell your home in the suburbs and live in your downtown
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