Real Estate Tax

Buyers of new or substantially renovated homes may recover part of the GST/HST paid — whether they live in the home or rent it out.

How we help

• New housing rebates for owner-occupied homes (federal and Ontario)
• First-Time Home Buyers' GST Rebate and Ontario's temporary enhanced HST rebate (2026–27)
• New residential rental property rebates for investors who rent out a new unit
• Assignment purchases and how they affect rebate eligibility
• Rebate applications, supporting documents and CRA follow-up

How a sale is taxed depends on your intention, how long you owned the property and how it was used.

How we help

• Principal residence exemption and designation
• Residential property flipping rule for homes held less than 12 months
• Capital gain vs. business income, and HST on sales of new or substantially renovated homes
• Pre-construction assignment sales
• Alternative Minimum Tax (AMT) when a sale produces a large capital gain

Accurate reporting of rental income and expenses, and planning for the long term.

How we help

• Rental income and expenses (T776), including shared and partial-use properties
• Capital cost allowance and recapture on sale
• Change-in-use rules when a home becomes a rental, or a rental becomes a home
• Short-term rental rules and record-keeping

Planning for investors who own several properties — personally, with family members or through a corporation.

How we help

• Personal vs. corporate ownership and the tax cost of each
• Ownership with spouses and family members, and attribution rules
• Deductibility of financing costs and refinancing
• Exit and succession planning for a property portfolio

GST/HST planning for owners who build, substantially renovate or develop rental housing.

How we help

• Self-supply rules when you build or renovate and then rent
• Enhanced GST/HST rebates for qualifying purpose-built rental projects
• GST/HST registration and filing for builders and developers

Owners living outside Canada face additional withholding and filing requirements.

How we help

• Part XIII withholding, NR6 and section 216 returns for rental income
• Section 116 clearance certificates when selling
• Ontario NRST and Underused Housing Tax (2022–2024)