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.