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[ad_1] Is there a form to help with the calculations? Yes, there is a chart that can help; check it out here. However, you’ll still need...
[ad_1] You mention that the cottage deed is in your name only right now. That suggests that it was either in your name all along or...
[ad_1] There are a number of expenses that can be claimed to reduce the capital gain on your cottage, Louise. Capital expenses are an example. The...
[ad_1] That’s important in an increasingly digital world. Hard copy does matter. For example, if you’ve closed bank accounts, says Wall, you may not be able...
[ad_1] The basic personal amount The age amount Amounts for spouse and dependents Adoption expenses CPP and/or QPP contributions Employment insurance premiums Home buyers and home...
[ad_1] Note that the value of the house when the cabin was purchased and its value when the cabin is sold are not relevant. The capital...