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9. Did you sell the house?

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Did you sell the House?

Sheldon’s Tax Tips #9

We are coming into that special time of year again, “Tax Time” and I am so excited about those late-night walkies!

Kristy and I want to let you know, in 2016 the CRA decided they needed to know if you sold your principal residence.

Do not forget to make a designation of principal residence in the year of the sale on your tax return or a penalty may apply.

Sheldon's Tax Tips