1031 in Canada?

princecharles

0
Registered
Does anyone have any info if you can take advantage of a type of 1031 tax deferral in Canada? Or is that only in the US?

ANy info? tx
 

Thomas Beyer

0
REIN Member
QUOTE (princecharles @ Nov 24 2008, 09:33 PM) Does anyone have any info if you can take advantage of a type of 1031 tax deferral in Canada? Or is that only in the US?

ANy info? tx
Only US .. however you can do the following in Canada to delay tacxes:
a) a section 6 ROLLOVER or
b) a VTB or
c) a long term lease
 
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