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    • Menu iconCorporate TAX
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      • Do You Understand the Requirements for the Canadian Voluntary Disclosure Program?
      • What is CRA Demand to File Notice
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      • Federal Tax Canada
      • Provincial Tax Canada
        • Keeping an Eye on the Ontario Provincial Tax
      • GST/HST Tax Canada
      • Educational Videos
      • Business Tips from a Toronto Accountant
    • Menu iconBookkeeping
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        • How Complex Are Your Canada Tax Payroll Obligations?
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income property

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second home and taxes

Does Owning a Second Home Impact Your Tax Situation?

PropertyBy Sam SeidmanSeptember 27, 2014Leave a comment

We have talked about owning a second home for a variety of reasons like perhaps renting it out to generate some extra income.   Then you may have purchased a second home with the idea of fixing it up and selling it for a profit which may be called property flipping.   Now lets talk…

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