Cottage listings to rise as owners try to sell before capital gains tax changes kick in, realtors say
Owners face pressure to sell now in tough market conditions — or wait and possibly pay a bigger tax bill.
Owners face pressure to sell now in tough market conditions — or wait and possibly pay a bigger tax bill.
Real estate investors who sell properties other than their primary residence and have a total gain of more than $250,000 will have to pay 33 per cent more tax.