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Updated over 4 years ago on . Most recent reply

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7
Posts
0
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Hayden Reinisch
  • Flipper/Rehabber
  • Ottawa, ON
0
Votes |
7
Posts

How do you avoid paying taxes in canada with real estate

Hayden Reinisch
  • Flipper/Rehabber
  • Ottawa, ON
Posted

I hear about all these ways to avoid taxes in America with tactics such as 1031 exchange but how do we do that in Canada.

Most Popular Reply

User Stats

102
Posts
95
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Jim Chuong
  • Rental Property Investor
  • Toronto, Canada
95
Votes |
102
Posts
Jim Chuong
  • Rental Property Investor
  • Toronto, Canada
Replied
Originally posted by @Hayden Reinisch:

Maybe I wasn’t exactly clear on my post, was more looking for ways to prolong having to pay the taxes, by continuing to purchase property with the capital gains made with the property.

At the end of the day you will always have to pay taxes, just hoping not to have to pay every time I’m looking to transfer funds into a larger investment.

You can REFI or get a HELOC on the property

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