Dale Dyer.com

 

Here’s interesting tidbit for single homeowners before you get married or remarried and move in together. If both of you are homeowners you should consider selling one of the properties before the big day.

Under our Canadian tax law, a single taxpayer can designate one property as their principal residence, but a family can designate only one property between them as their principal residence. If you sell a home while it is still your main residence it will save you from paying capital gains taxes on the sale. And who doesn’t want to save money?

 

If you are looking to buy now is a good time. Find your dream home here: www.bestbuyhomefinder.com

If you are looking to sell a home we have buyers looking for your home right now: START HERE!

 

Advertisements
Comments