Is the CRA really starting to crack down on condo assignments? What happens if you make a profit on a condo by selling it before the building is complete? How is the HST supposed to be handled when doing an assignment sale? We get the facts from HST expert Mark Purdy. Related Links RentalRebate.ca Click [...]
HST rebates continues to be a very confusing issue for some condo investors – but they don’t have to be! Andrew la Fleur catches up with tax expert Mark Purdy to discuss the the latest on the HST as they continue their conversation from episode #11 of the podcast. Mark Purdy Interview Highlights 0:11 How [...]
Watch this True Condos EXCLUSIVE video on How to Apply for Your HST Rebate. It is the ULTIMATE guide to processing your HST rebates. For even more information on HST Rebates, listen to this interview with Tax Expert, Mark Purdy!
It’s no secret that I own a studio in Regent Park. In fact, it’s affectionately become known as “The Smallest Condo in Toronto“. At just 301 square feet, there’s nothing like it in Toronto. I bought that unit back in 2010. I took occupancy of it in 2011, and I’ve rented it out for the […]
HST Rebate: background info: I wrote about the HST issue a couple months ago, calling it the “Elephant in the Room” with respect to the pre-construction condo market. I wanted to follow up this post with my own personal experience with dealing with the HST rebates (New Residential Rental Property Rebate-NRRP) when buying a new […]