EPISODE · Jul 15, 2021 · 24 MIN
Epi 7 - Tax On Selling Real Estate
from Smarten Up with JP & Fab · host Campanella McDonald LLP
In this episode, Fab and JP discuss the taxation of real property sales. Specifically, they touch upon the following: What is the difference between business income and capital gain? Why the CRA wants business income and why you want capital gains What is the methodology used to determine the nature of your property sale from a tax perspective? This episode will be of interest to all Canadian real estate investors.
What this episode covers
In this episode, Fab and JP discuss the taxation of real property sales. Specifically, they touch upon the following: What is the difference between business income and capital gain? Why the CRA wants business income and why you want capital gains What is the methodology used to determine the nature of your property sale from a tax perspective? This episode will be of interest to all Canadian real estate investors.
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Epi 7 - Tax On Selling Real Estate
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