Here are 2 Summaries of the new Federal Budget, on Real Estate
Here are two summaries: OREA’s Federal Budget Highlights and Commentary and Baker Tilley’s “Budget 2022 tax measures summary” which includes on pg 3 the detail that as of 2023 a residence “flipped” within 12 months will be deemed to be a taxable business transaction, as well as several other real estates related new tax savings and credits.
