Home Equity
Inheriting a House; will you owe taxes?
In Canada, we do not have an inheritance tax, however, there are things that you need to be aware of because there may still be taxes owing after an individual has passed away.
In Canada, we do not have an inheritance tax, however, there are things that you need to be aware of because there may still be taxes owing after an individual has passed away.
So you are thinking about buying a new home and have decided that a new build is what you really want, that’s a great idea, nearly one third of home buyers opt for a brand new build!
It means you can customize your home to meet your personal wants, needs, and style! You have lower maintenance costs on a new build, and unexpected surprises (like asbestos, major plumbing issues, or electrical upgrades) are unlikely! (more…)