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Canadian Real Estate Taxation

Comprehensive Guide to Real Estate Taxation for Canadian Residents and Corporations

Created byJason Fleming
BeginnerUpdated Nov 11, 2024

What You'll Learn

  • check_circleUnderstand the tax rules for owning, renting, and selling real estate in Canada.
  • check_circleApply the principal residence exemption to reduce capital gains tax on property sales.
  • check_circleNavigate GST/HST implications and other real estate-specific taxes.
  • check_circleIdentify allowable deductions for rental properties, including capital cost allowance (CCA).
  • check_circleComply with taxation rules for short-term rentals in line with provincial and municipal regulations.
  • check_circleDifferentiate between business and property income for tax purposes.

About This Course

This webinar covers the Canadian taxation of real estate owned by individuals and corporations, including the taxation of rental income and capital gains from the sale of real estate.

It also addresses saving tax with the principal residence exemption and recent changes to capital gain inclusion rates, with many examples to help explain these essential topics.

Features

This webinar covers the Canadian taxation of real estate owned by individuals and corporations and includes, among other topics:

  • Rental income and expenses, including recent Capital Cost Allowance (CCA) changes and essential tax compliance rules 
  • Property flipping, capital gains, changes to inclusion rates, and capital property versus business income 
  • Saving tax with capital gain reserves, the principal residence exemption, the first home savings account (FHSA), and the multigenerational home renovation tax credit 
  • Related party transactions, gifts, and change-in-use, including key elections to defer tax 
  • Corporate refundable taxes on real estate and the capital dividend account 
  • GST/HST basics, recent changes for purpose-built rental properties, and the vacant homes tax (UHT)

Course Content

2 activities • 2 videos • duration: 2h 22m

  • videocamCanadian Real Estate Taxation Part 1
    Duration 67:41
  • videocamCanadian Real Estate Taxation Part 2
    Duration 74:25

Your Instructor

Jason Fleming

CPA, CA, M.Acc

menu_book20 courses
star5,354 reviews

Jason Fleming is a Chartered Professional Accountant (CPA), Chartered Accountant (CA) with a master’s degree in accounting. Jason is an associate professor, teaching stream, at York University, previously he was a tax manager at a Big-4 accounting firm in Toronto. Jason completed the CICA’s In-Depth tax course, ranked 8th in Ontario on the UFE (the CA professional exam) and taught tax week at the ICAO's Summer School. Jason is the author of CFE Tax, 9th edition, CFE Case Writing, 3rd edition and various tax articles.

Credit Information

Professional development requirements vary by profession, country, and regulatory body. Before enrolling, review the course details and confirm that the content, learning format, and any listed credits meet your specific requirements. You are responsible for confirming eligibility with your regulator or professional association and keeping the records required for reporting.

What Students Are Saying

4.7 out of 5
Student's Choice
145 reviews
  • NN
    Ngoc Khoi N.
    starstarstarstarstar

    good course. lots of information provided.

  • NC
    Nadeem C.
    starstarstarstarstar

    The course was very informative. Learned new things.

  • ST
    Sammy T.
    starstarstarstarstar

    Great! Very detailed!

  • AM
    Andrew M.
    starstarstarstarstar

    Good review!

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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