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Feds & Ontario To End HST On New Rental Unit Builds

by Olivia Pietrangelo | Sep 22, 2023 | Business Law, Real Estate

The federal government has announced that effective immediately they will no longer charge their portion of the HST on new rental units built. Ontario then announced they plan to end the provincial portion of the HST as soon as possible. Why End The HST When Building...

How To Flip A House In Thunder Bay For Tax Free Capital Gain

by Kady Stachiw | May 16, 2022 | Business Law, Real Estate

How To Know If You Flipped A House in Canada  Canadian tax law leaves some room for interpretation about what is a house flip. During an audit decisions are made on a case by case basis about what constitutes flipping.  That said, the major indicators of house...

Thunder Bay Real Estate Sees 20% Increase In Out Of Town Buyers Since 2019

by Olivia Pietrangelo | Apr 26, 2022 | Real Estate

Why Are There 20% More Out Of Town Buyers? Detached Houses Starting From ~$140,000 Inside The City Low Property Taxes, Under $1,000 Yearly On Some Properties In The District Higher Standard Of Living On The Same Wage When Working From Home World Class Education System...

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