Kim Parlee explains how the principal residence exemption could help you deal with a big capital gains tax bill if you sell your cottage.
Searching for the appropriate home for an aging parent and balancing the costs is difficult. But finding the perfect level of care will give you peace of mind that your parent’s needs are being met with professional devotion and respect.
Becoming a landlord might seem like the wild west. But, with the right know-how, renting out property can be a good way to create your own personal gold rush.
Many parents want to help their kids buy a first home. Is this a good idea, and if so, what’s the best way to do it?
Excited about all the money from renting your spare room? Not so fast. The Canadian Revenue Agency gets a cut of your home sharing income. Here’s what you need to know about your taxes and your rental listing.