If you are considering downsizing and selling your home or moving into a retirement home without selling your current home, join us on September 24th – 2:30 pm to 3:30 pm for important tax planning information.
Information Session: Speculation & Vacancy Tax
Tuesday, September 24th – 2:30 pm to 3:30 pm
Presented by Joanny Lu CPA, CA Kaushal & Company and Jeff Paling, District Vice President Fidelity Investments
Proper Tax Planning is an integral part when protecting your wealth, and can be a costly lesson when overlooked. The Speculation & Vacancy Tax, along with the empty home tax, have further complicated things for those investing in real estate, or homeowners who no longer reside at their property.
If you choose to sell your property, consideration for how to manage the proceeds without an additional tax burden comes into play. Knowing how to do this efficiently can help protect you from your Old Age Security being clawed back and the negative effects of inflation, while still giving you piece of mind that your money is working for you.
Pre-registration is required by September 24th to 604.240.8550. We anticipate a lot of interest in this topic, therefore we advise you to register early to guarantee your seat.