Publications

Investing in real estate offers numerous opportunities for profit, especially through house flipping. However, understanding the complex tax implications associated with this activity is crucial. Understanding the Principal Residence Exemption (PRE) A common misconception is that selling a “principal residence” is exempt from income tax. The reality is more nuanced, with specific conditions that need...

Embarking on a journey to Canada is not just about embracing new opportunities; it’s about smartly navigating the complexities that come with it, especially in the world of taxation. For Chinese immigrants, the Canadian tax system presents a maze that demands not just understanding but strategic navigation. Unraveling the Mystery of Tax Residence in Canada...