J jimcurran 0 Registered Joined Jul 12, 2008 Messages 18 Mar 26, 2021 #1 Selling my properties in Ontario and wondering if there is any way to defer paying capital gains if I purchase more property worth equal or greater value than what I sell? Any suggestions as I'm in a high tax bracket.
Selling my properties in Ontario and wondering if there is any way to defer paying capital gains if I purchase more property worth equal or greater value than what I sell? Any suggestions as I'm in a high tax bracket.
Thomas Beyer 0 REIN Member Joined Aug 30, 2007 Messages 13,879 Mar 26, 2021 #2 No. A rollover like this exists in US only. You can buy losses if you hold properties in a corporation though and co-mingle losses with gains !! Sent from my iPhone using myREINspace
No. A rollover like this exists in US only. You can buy losses if you hold properties in a corporation though and co-mingle losses with gains !! Sent from my iPhone using myREINspace