Capital Gains Tax On Real Estate
This week I wanted to touch upon Capital Gains tax on Real Estate transactions and the impact it has on the sale of your 'principal' property...
This week I wanted to touch upon Capital Gains tax on Real Estate transactions and the impact it has on the sale of your 'principal' property...
January 1, 2008 Toronto's 416 area saw its Land Transfer Tax (LTT) roughly double on most Real Estate sales. By now it appears that while this LTT might be 416's pain, it has proven to be 905's gain!