Remember when you were buying this investment and we told you to go see your accountant, financial planner and possibly your lawyer? Well do it again and try not to be too smug about how many years someone paid your mortgage and how much the property went up in value – they’ll just tell you how much of it CRA wants!
Seriously check out the tax and financial implications of selling then come and see us or we can help you find a suitable lawyer and / or accountant. Knowing how to best structure the sale – ahead of time – helps us work best for you.
And sometimes your research will tell you that it could be best to hold onto the property and re-finance to buy another!
Dan Bennett, Associate Broker
Sue Bennett, Representative
Come visit us at Homelife
Benchmark Walnut Grove
201-20999 - 88 Avenue, Langley,
British Columbia V1M 2C9
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.