Canada Raises Taxes on Capital Gains | What Real Estate Investors Need to Know?
Update: 2024-04-24
Description
Are you worried about the proposed increase in capital gains tax for real estate investors in Canada?
In this episode, I dive into the recent buzz about the Canadian government's plan to hike up capital gains tax for real estate investors. As someone with nearly two decades of experience in both real estate and mortgages, I'm here to break it down for you. Join me as I simplify the concept, analyze the proposed changes, and discuss their potential impact on investors and the housing market
I hope you find this episode helpful and love it.
Chapters:
00:00 Intro
00:45 Meet Preeti Rao: Your Real Estate Expert
00:56 Understanding Capital Gains Tax
02:11 2024 Budget Changes: A Closer Look
04:01 Real-World Impact: High Income Example
05:36 Dispelling Myths and Encouraging Rational Decisions
06:35 Conclusion
In this episode, I dive into the recent buzz about the Canadian government's plan to hike up capital gains tax for real estate investors. As someone with nearly two decades of experience in both real estate and mortgages, I'm here to break it down for you. Join me as I simplify the concept, analyze the proposed changes, and discuss their potential impact on investors and the housing market
I hope you find this episode helpful and love it.
Chapters:
00:00 Intro
00:45 Meet Preeti Rao: Your Real Estate Expert
00:56 Understanding Capital Gains Tax
02:11 2024 Budget Changes: A Closer Look
04:01 Real-World Impact: High Income Example
05:36 Dispelling Myths and Encouraging Rational Decisions
06:35 Conclusion
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