By John Paul McDonald & Fabio Campanella
In this episode, Fab and JP discuss the taxation of real property sales.
Specifically, they touch upon the following:
- What is the difference between business income and capital gain?
- Why the CRA wants business income and why you want capital gains
- What is the methodology used to determine the nature of your property sale from a tax perspective?
This episode will be of interest to all Canadian real estate investors.
