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On which home should you claim the principal residence exemption?

Veuillez noter que cet article se trouve sur une plateforme tierce et qu'il n'est disponible qu'en anglais.

The proposed increase to the capital gains inclusion rate makes the principal residence exemption (PRE) more valuable. That’s especially the case for Canadians who own more than one home.

Click here to read the full article by Rudy Mezzetta, originally published on Investment Executive on May 7, 2024, featuring insights from Aaron Hector, Private Wealth Advisor, Financial Planner.

The preceding information is for educational purposes only. As it is impossible to include all situations, circumstances and exceptions in a newsletter such as this, a further review should be done by a qualified professional. No individual or organization involved in either the preparation or distribution of this letter accepts any contractual, tortious, or any other form of liability or its contents or for any consequences arising from its use.