cra News and Articles | My Blog
CRA issues warning about real estate investment schemes
6/11/2019 | Posted in Financial Health by Paul DeAdder
A warning has been issued regarding investment schemes that promise tax write-offs by investing in real estate through limited partnerships.
... MoreCRA identifies over $1b in tax evasion since 2015
5/31/2019 | Posted in Mortgages and Real Estate by Paul DeAdder
The Canada Revenue Agency has identified over a $1 billion in unpaid gross taxes in the real estate sector since 2015 and has doled out over $100 million in penalties.
... MoreHomes sold in 2016 now need to be reported on taxes
4/7/2017 | Posted in Home Sellers by Paul DeAdder
Canadians who have sold their homes last year have been mandated to report the transaction to the Canada Revenue Agency.
... MoreThe CRA is cracking down on real estate tax dodgers in Canada's red hot market
11/26/2016 | Posted in Real Estate Investments by Paul DeAdder
Evidence of the ongoing crackdown by the tax authorities on Canada’s red hot residential real estate sector is everywhere, from recently updated statistics that show ... More
