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Capital Gains

jimcurran

0
Registered
Joined
Jul 12, 2008
Messages
17
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
13,881
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 !!


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