I think the strata is different because it is shared property. The proceeds of insurance are roughly $10 million divided among 78 units. However, the unit sizes vary between 1 to 3 bedrooms. If it were a house, we would know what the proceeds of insurance would be for our property. With the...

George Dube wrote an excellent article back in May of last year that discussed the complicated tax rules of involuntary disposition of investment properties destroyed by fire. He was referring to the Fort McMurray fires, and the example he used was based on a single-family home. I am trying to...