Underused Housing Tax (UHT) Might Apply to Investors Owning Rentals With Corporation
This article is relevant to you if you are an investor with rental properties held under a corporation’s name.
Tax
What is Lifetime Capital Gain Exemptions?
https://youtu.be/n_CnbrhXq7Q What is Lifetime Capital Gains Exemption in Canada? In Canada, small business owners who sell shares of their small business corporation may be eligible for the Lifetime Capital Gains Exemption (LCGE), which can help them save on taxes. This information is based on the current guidelines provided by the Canada Revenue Agency (CRA). However, …
Toronto Vacant Home Tax
https://youtu.be/y1imqv5q_Zw Understanding Toronto Vacant Home Tax City of Toronto has just enacted the vacant home tax. Here are some highlights that you should know if you own any properties in the City of Toronto: Everyone Has To Complete Toronto Vacate Home Tax Declaration You must complete a declaration about the occupancy status annually. To submit …