Hi Thomas, I am a new REIN member and live in Sudbury, Ontario. My wife and I have been investing in this (Sudbury) market since April 2007. Our experience has been very positive. Some investors locally think the market has peaked but I disagree. The market is dependent on the local mining...

Thank you Don and Mark. I have taken your advice and contacted a knowledgeable accountant and found that the vendor could elect to deffer a portion of the Capital Gains depending on how much they have depreciated the property over the years. Also, they would have to use a mortgage reserve...

Hi, I am looking for information regarding capital gains tax in Canada. If for example someone sells me a property and takes back the mortgage and we agree to terms over five years etc. when does the capital gains have to be paid by the seller? Thanks Greg