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Section85 experience

CashProperty

Inspired Forum Member
Registered
Joined
Aug 30, 2018
Messages
30
Is anyone willing to share their experience with implementing Section 85? I would appreciate a phone call if you will give me some of your time. Hoping to clarify the following questions:
- what was the mortgage process like?
- how could the heloc portion be treated when rollover?
- does it make sense to buy an IFA insurance policy or use the funds to pay the LLT?
- once the property is rolled over, when would I have to pay capital gains?

Thanks in advance
 
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