Residential Real Estate

Can You Qualify for an Exception? Life Events That May Save You from CRA’s Flipping Tax

Leave a Comment / Residential Real Estate, Tax Law, Uncategorized

House flipping has long been a way for Canadians to turn a quick profit in real estate. But starting in 2023, the Canada Revenue Agency (CRA) introduced new anti-flipping rules that can significantly impact how your house flip profits are taxed. If you’re a house flipper in 2025, it’s crucial to understand these rules and […]

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What the CRA’s New House Flipping Rules Mean for You in 2025

Leave a Comment / Residential Real Estate, Tax Law, Uncategorized

House flipping has long been a way for Canadians to turn a quick profit in real estate. But starting in 2023, the Canada Revenue Agency (CRA) introduced new anti-flipping rules that can significantly impact how your house flip profits are taxed. If you’re a house flipper in 2025, it’s crucial to understand these rules and

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Ontario Real Estate Association Standard Form of Agreement of Purchase and Sale

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The majority of residential real estate transactions in Ontario are completed pursuant to the Ontario Real Estate Association (\”OREA\”) standard form of agreement of purchase and sale (the \”Agreement\”). The Agreement strives to balance the buyer and the seller\’s rights and promotes consistency and certainty in residential real estate transactions. This article will provide a

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