Chris Raymond
Region: CA
Wednesday 15 April 2026 15:45:52 GMT
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NorthernRetreat 🇨🇦 :
Good thing the tax code isn't complicated. 😬🤯
2026-04-15 23:03:35
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EdenMortgages🇨🇦🇺🇸 :
It did and as CRA does they decide nope we will charge you anyway even though we used a big named accounting firm. They also charged us anyway even though extra $15,000 for moving for 1 year to another city aka gave $15,000 then took it back and penalties even though we met the 1 year minimum for the move. Oh and like $20,000 for capital gains CRA can’t be trusted
2026-05-05 11:56:00
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mamasays00 :
Wait …so did he purchase another house in Toronto or just rent ? Clarify
2026-04-23 02:44:46
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Jocelyn Hord :
how do I apply unused non capital losses to past returns? I am self employed and completely do not understand it!
2026-04-16 09:16:25
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Ben Blakley :
can't claim CCA when doing this, but otherwise great for flexibility
2026-04-16 10:11:27
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joeandtyke :
The RTA will protect that tenant. Hopefully, when he decides to back, the tenant will not decide to exercise their rights. I am going through this right now. Hope the best for him. That tenant will be his biggest struggle.
2026-04-16 16:50:19
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Energurl :
That IS a cool tax planning tip!
2026-04-16 13:36:16
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Terry C :
Nice tip!
2026-04-15 21:51:46
1
lovepreetcanav :
If the house is partly rented, Is it still considered to be deemed disposed and Taxpayer has to report to CRA??
2026-04-15 16:45:13
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Carol :
Very good to know
2026-04-15 16:55:43
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Chilla-T :
Great advice
2026-04-15 17:51:36
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Teresa Wur Mac 🇨🇦 Creator :
Very good information
2026-04-15 17:25:26
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Lou :
This is a disaster. Once he wants to go back the renters don’t wanna leave. You need to pay them to leave. It never works so well.
2026-05-15 18:39:53
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