Finance
Yes, a cottage is an investment property—here’s how to minimize capital gains tax – MoneySense
[ad_1] Should you keep renting a cottage or buy one? You don’t need me to explain the personal perks of having a vacation home…
Tag: cottage ownership
Finance
Adding names to a cottage deed could result in big tax bills
[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…
Finance
Tax deductible expenses when selling a cottage
[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…
Finance
Is a vacation home a good investment? – MoneySense
[ad_1] Sometimes, emotions are the motivation for buying a vacation property. I like to evaluate a property purchase from a financial point of view…
Finance
How real estate is taxed during a separation or divorce – MoneySense
[ad_1] How an asset transfer between spouses is taxed First off, a transfer of assets between spouses is by default done on a tax-deferred…
Finance
Family legacy: How to pass along the family cottage—and 3 things to avoid – MoneySense
[ad_1] There’s no one-size-fits-all solution. “Planning has a lot of moving pieces, and it’s very important to get it right, and it’s very easy…