Converting a rental property into a primary residence is a significant financial move with potential tax implications that necessitate careful planning. By leveraging tools like Section 121 of the IRS ...

North Dakotans who own a home in the state and use it as their primary residence can soon apply for a property tax credit of ...

Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Under the Income Tax Act, ...

Minor sales tax and franchise fee increases could offset primary resident property taxes, Bochenski said, when paired with ...

Larry wonders if he will lose his ability to use first-time home buyers’ programs if he rents out the townhouse he’s purchased before he lives in it. This article is 3 years old. Some details may be ...

A few months ago, my elderly neighbor died. He and his late wife were the original owners of their home, built around 1960. One day, as I was driving past the house, I noticed one of my former college ...

Now, anyone claiming an exemption must prove that they qualify to get such a big tax break In late 2016, Finance Minister Bill Morneau introduced tax changes that will impact every homeowner and ...