Selling Homes Tax-Free in Canada?

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Don’t be Flippin’ Crazy! Many older homeowners in Canada rely on the equity they’ve built up over the years to help fund their retirements. This is made all the more possible due to a sale’s surprisingly generous tax-free status from Canada’s principal residence exemption. Of course, many simply aim to take advantage of this tax opportunity for other reasons, such as “flipping” properties. It … [Read more...]