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.

Click Here to read the OREA’s Federal Budget Article

Click Here to Read the Baker Tilley’s Budget 2022 Article

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