Selling your home to downsize can make your retirement more financially stable, but if you have a profit on the sale you ...

You don’t pay tax on the sale of your home, but you may have to for a secondary property or residence, and/or investment property. According to the CRA, a property is exempt from capital gains ...

Whether you’re selling shares or a family property, knowing how capital gains tax works can help you keep more of your ...

With TFSAs, you can have capital gains and withdraw the funds without paying taxes on them. The same applies for FHSAs as long as withdrawals are used to purchase an eligible home. You or your ...

Some home improvements are tax deductible, but the IRS has strict rules about which are eligible. Find out if your project or ...

Navigating the complexities of tax exemptions under Section 54F can be tricky, especially for homeowners looking to purchase ...

If you usually fill in a tax return, you must also report any capital gains, regardless of whether you've already used HMRC's online service. You also need to include how you worked out each capital ...

We are getting different opinions as to whether capital gains will ... up in basis upon your father’s death, to $300,000 in our example.) Your mother as owner of the home, and having both ...

As a starting point for your calculations, you must work out the difference between what you paid for the assets and what you ...

London & Country are authorised and regulated by the Financial Conduct Authority (registered number: 143002). The FCA does not regulate most Buy to Let mortgages. Your home or property may be ...