Sheldon's Tax Tips #9

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 principle 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.