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Updated about 7 years ago,
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Question For Canadian Investors
Hi, I just listened to podcast 238 where Swanny talks about taking his condo and 1031 exchange into a multifamily. Is there a similar strategy available for Canadians to avoid capital gains?
My townhouse in Surrey has appreciated recently. I bought it for $185,000 in 2010. Similar units are now selling for around $300,000. I have been debating selling it and freeing up a mortgage to buy a single family home.
Can any Canadian investors shed light on this topic?
Thanks,
Shaidah