Subject: Capital Gains Inclusion Rate increasing to 66.7%~
Capital Gains Inclusion Rate increasing to 66.7%~
May 5th, 2024 at 8:22 pm EST~Real Estate Update~ May 2024 The Federal Budget 2024 introduced a significant change to the current capital gains inclusion rate. Since 2000, individuals have generally had a fixed inclusion rate of 50% of any capital gain, which is taxable at y ...
Housing Market Update April 2024~
April 15th, 2024 at 8:15 pm EST~Housing Market Update~ April 2024 ~Real Estate Market Outlook~ The Bank of Canada has maintained its overnight interest rate at 5%, which was not a shocker to pundits whose forecasts predicted the bank'sInterest Rates would hold at this latest a ...
Provincial Flipping Tax 2024~
March 8th, 2024 at 5:15 pm EST~Housing Market Update~ Property Flipping Tax 2024 The Property Flipping Tax is a sliding-scale tax, with a 20% tax on those properties that are resold within a one-year window and a lesser tax on any sale within a two-year time frame. The prov ...
Housing Update January 2024~
February 3rd, 2024 at 12:12 pm EST~Housing Market Update~ January 2024 - Real Estate Market Outlook~ CLICK HERE TO VIEW THE VIDEO~ Interest Rates this year appear to be in a holding pattern due to the heightened inflation. The pressure on rates to hold steady will continue unt ...