Looking for some clarification on this. I was recently told by a financial adviser (who is not an active RE investor) that the capital gains on my rental property would be taxed at 100% and would not qualify for the capital gains exemption due to the fact that the property is under my personal...
I was wondering if anyone could help me with the following as its really hard to find the exact answer to the question as many people have varying different opinions.
I have a property in Vancouver which used to be my primary residence between 2007 - 2012. After losing my job in Vancouver I...
Hello everyone. new at this so please bare with me. I was recently at a workshop and speaker advised that when property is sold/transferred at end of RTO contract, the monetary gains from sale of house is not capital gains but referred to as income. I always thought the latter. Can someone...