Shaelene’s Tax Tip of the Week – October 30th

Books In Line

Did you know?

If you’re considering selling an investment property, keep in mind that capital gains on secondary properties are subject to tax. Planning ahead can help you offset this gain by using capital losses from other investments or timing the sale strategically to minimize the tax impact.

Have questions? Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!

Shaelene’s Tax Tip of the Week – October 23rd

Books In Line

Did you know?

If you are a first-time homebuyer or planning to purchase a home, consider using the Home Buyers’ Plan (HBP). This federal program allows you to withdraw up to $35,000 from your RRSP tax-free to help with your down payment, as long as you repay it over 15 years.

Have questions? Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!

Shaelene’s Tax Tip of the Week – October 16th

Did you know?

If you’ve taken out a home equity line of credit (HELOC) for business purposes or to invest, the interest on that loan may be tax-deductible. Be sure to track the use of funds to claim the appropriate deductions.

Have questions? Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!