Canadian Real Estate Taxation

This webinar explains the Canadian taxation of real estate owned by individuals and corporations

CPD hours: 2.5

The taxation of rental income and gains on the sale of real estate are discussed. Saving tax with the principal residence exemption and recent changes to capital gain inclusion rates are included. There are lots of examples to help explain these essential topics.

Recorded Nov. 7, 2024

This webinar covers the Canadian taxation of real estate owned by individuals and corporations and includes among other topics:

• Rental income and expenses, including recent CCA changes and essential tax compliance rules
• Property flipping, capital gains and changing inclusion rates and capital property versus business income
• Saving tax with capital gain reserves, the principal residence exemption, the first home savings account (FHSA) and the multigenerational home renovation tax credit
• Related party transactions, gifts and change-in-use, including key elections to defer tax
• Corporate refundable taxes on real estate and the capital dividend account
• GST/HST basics, recent changes for purpose-built rental properties and the vacant homes tax (UHT)