![New Rule: All Assignment Sales & Substantial Renovations Now GST/HST Taxable](https://images.squarespace-cdn.com/content/v1/643ffb31b7c8c745ee8bda35/1720194525196-YNJRCQCK4GP21W5YP4IJ/image-asset.jpeg)
New Rule: All Assignment Sales & Substantial Renovations Now GST/HST Taxable
As of May 7, 2022, all assignment sales of newly constructed or substantially renovated residential housing are subject to GST/HST. This change impacts all assignment transactions, making them HST-taxable supplies. Learn how this affects your real estate transactions and what steps you should take.
![Urgent: Capital Gains Tax Changes Effective June 24, 2024 – Consult Your Tax Expert Now!](https://images.squarespace-cdn.com/content/v1/643ffb31b7c8c745ee8bda35/1718396830944-XD10K1WIDLJ6TX7Q0CLO/image-asset.jpeg)
Urgent: Capital Gains Tax Changes Effective June 24, 2024 – Consult Your Tax Expert Now!
Canada's 2024 federal budget proposes an increase in the capital gains inclusion rate effective June 25. Learn how this change could impact your real estate investments and what steps to take next.
![Understanding Restrictive Covenant in Real Estate](https://images.squarespace-cdn.com/content/v1/643ffb31b7c8c745ee8bda35/1717794063117-SW2WDLZ0HIVT56JS7RIV/image-asset.jpeg)
Understanding Restrictive Covenant in Real Estate
Restrictive covenants play a critical role in real estate, dictating how properties can be used and developed. Whether you are buying a property or currently own one, grasping the concept of restrictive covenants is crucial to avoid legal complications and ensure smooth transactions. This article delves into what restrictive covenants are, who establishes them, their types, and the pros and cons associated with them. Discover how these covenants can impact property use and value, and learn about the process of modifying or removing them if necessary.
![Toronto City Council Adopts New Toronto Municipal Non-Resident Speculation Tax ](https://images.squarespace-cdn.com/content/v1/643ffb31b7c8c745ee8bda35/1708745148437-6XDQDZZUQX9KN185I3N6/image-asset.jpeg)
Toronto City Council Adopts New Toronto Municipal Non-Resident Speculation Tax
Toronto introduces a 10% Non-Resident Speculation Tax to combat real estate speculation and enhance housing affordability, effective Jan 1, 2025. Discover how it impacts you.
![Navigating Commercial Real Estate](https://images.squarespace-cdn.com/content/v1/643ffb31b7c8c745ee8bda35/1706127321649-9O6FKQAYZPY9W1F31YUO/image-asset.jpeg)
Navigating Commercial Real Estate
Discover expert tips for successful commercial real estate transactions with our guide. Learn the importance of assembling a team of advisors, including lawyers, accountants, and real estate agents, and understand key due diligence aspects such as zoning, permits, and title reviews. Get insights on legal and financial considerations for optimal ownership. Contact us for informed decisions in commercial real estate.