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Property Taxes. Something so simple gets complicated.

One of the things that people have the hardest thing getting their heads around in a real estate deal is property taxes.  I've had a number of meetings, both before and after the transaction has been done, trying to explain the accounting…
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“Not a Non Resident” – And Other Phrases that Can Cost You $92,000

The Tax Court of Canada affirmed a tax assessment this summer of $92,000 on what appears to be an innocent purchaser of residential real estate property. The case of Kau v. The Queen, 2018 TCC 156 demonstrates one of the other tax liability…