Posts tagged Tax
Enhancements and Releases in February 2024

Get ready to dive into the latest and greatest updates from February 2024! We're thrilled to share with you a lineup of exciting enhancements and releases that promise to elevate your experience with our applications. From new features in RealtiWeb to updates in specific regions like British Columbia and Saskatchewan, there's plenty to be excited about. Let's jump right in and explore the innovations designed to make your workflow smoother and more efficient.

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Help Your Clients Who Flip Properties Stay Ahead of the Taxman

A new law came into effect starting January 1 of this year to curb house-flipping. This change means if purchasing a new home and then selling it within 365 days, 100% of any profit from that sale is subject to business, not capital gains, taxes (unless the seller(s) qualify under one of the exceptions set out by the Canada Revenue Agency). Find out how to help your clients ensure they know how these changes impact them.

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