Minimize Taxes: How to Reduce Capital Gains Tax on Real Estate

When selling property, many Canadians face the challenge of managing financial obligations tied to their investments. Understanding capital gains – the profit earned from selling an asset – is critical for minimizing tax liability while staying compliant with CRA regulations. This guide explores legal methods to shelter real estate profits. Registered Retirement Savings Plans (RRSPs) and Tax-Free...

What is the Best Time to Sell a House? Expert Advice from Mark Verzyl

Timing plays a pivotal role in maximizing your returns when listing a property. Mark Verzyl of Mark Verzyl Real Estate (+403-617-9998), a trusted name in Calgary’s housing market, emphasizes that seasonal trends directly influence buyer activity and sale prices. Data shows spring and early summer often yield higher premiums, while fall and winter may slow momentum. Market fluctuations, interest rates,...

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