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 ready to buy your first home, now what? Your first step should definitely be to obtain a mortgage pre-approval, but don’t get that confused with a “Pre-Qualification”.
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