@imsijwal: My last minute desi outfits are always from @Laam ❤️

Manvi Sijwal
Manvi Sijwal
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Friday 13 November 2026 12:53:04 GMT
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imsijwal
Manvi Sijwal :
Desi fashion UK, Indian ethnic wear UK, Indian suits online UK, family ethnic wear UK, matching family outfits, Indian outfits for the whole family, Punjabi suits UK, salwar kameez UK, latest Indian suit designs, festive wear UK, Indian traditional clothing UK, ethnic wear online shopping UK, Indian wedding outfits UK, affordable Indian fashion UK, desi outfits for families UK
2026-11-13 12:53:17
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Thinking of giving your home to your kids? 🏡 Canada has no standalone gift tax, but transferring property can still trigger taxes. Here’s what you should know: → GIFT: CRA generally treats a gifted property as sold at fair market value (FMV). Capital gains tax may apply unless the principal residence exemption fully covers the gain. → $1 SALE: Selling below marke value can create double taxation. You may be taxed on FMV, while your child’s cost base may be the lower amount paid. → VTB MORTGAGE: One option is selling at FMV and financing the purchase yourself. Your child repays you under agreed terms. This is a financing strategy, NOT a tax loophole. → CAPITAL GAINS: If payment is received over time, you may qualify to spread the capital gain over up to 5 tax years. Eligibility and limitations apply. → LEGAL PROTECTION: A registered mortgage can help secure your loan but does NOT guarantee protection in a separation or against other claims. → ONTARIO LAND TRANSFER TAX: A genuine gift without payment, assumed debt or other consideration generally doesn’t trigger provincial land transfer tax. Transfers involving consideration may. Toronto has additional municipal rules. Interest received is taxable income. Proper documentation and professional guidance are essential. ⚠️ IMPORTANT DISCLAIMER: This is general financial education, NOT personalized tax, legal or family-law advice. A VTB mortgage does not eliminate capital gains tax, guarantee tax deferral or automatically protect assets in a separation. Tax treatment depends on property use, ownership, valuation and individual circumstances. Consult a qualified CPA and lawyer before transferring title. 💬 Comment “MORTGAGE” to explore financing options with the right professionals. #OntarioRealEstate #MortgageTips #PropertyTransfer #CanadianTaxTips
Thinking of giving your home to your kids? 🏡 Canada has no standalone gift tax, but transferring property can still trigger taxes. Here’s what you should know: → GIFT: CRA generally treats a gifted property as sold at fair market value (FMV). Capital gains tax may apply unless the principal residence exemption fully covers the gain. → $1 SALE: Selling below marke value can create double taxation. You may be taxed on FMV, while your child’s cost base may be the lower amount paid. → VTB MORTGAGE: One option is selling at FMV and financing the purchase yourself. Your child repays you under agreed terms. This is a financing strategy, NOT a tax loophole. → CAPITAL GAINS: If payment is received over time, you may qualify to spread the capital gain over up to 5 tax years. Eligibility and limitations apply. → LEGAL PROTECTION: A registered mortgage can help secure your loan but does NOT guarantee protection in a separation or against other claims. → ONTARIO LAND TRANSFER TAX: A genuine gift without payment, assumed debt or other consideration generally doesn’t trigger provincial land transfer tax. Transfers involving consideration may. Toronto has additional municipal rules. Interest received is taxable income. Proper documentation and professional guidance are essential. ⚠️ IMPORTANT DISCLAIMER: This is general financial education, NOT personalized tax, legal or family-law advice. A VTB mortgage does not eliminate capital gains tax, guarantee tax deferral or automatically protect assets in a separation. Tax treatment depends on property use, ownership, valuation and individual circumstances. Consult a qualified CPA and lawyer before transferring title. 💬 Comment “MORTGAGE” to explore financing options with the right professionals. #OntarioRealEstate #MortgageTips #PropertyTransfer #CanadianTaxTips

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