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Updated almost 4 years ago on . Most recent reply

Joseph Careri's profile image
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Joseph Careri
  • Rental Property Investor
  • from Ontario
  • Member since Mar 26, 2020
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Joseph Careri's profile image
Joseph Careri's profile image
Joseph Careri
  • Rental Property Investor
  • from Ontario
  • Member since Mar 26, 2020
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Joseph Careri
  • Rental Property Investor
  • Ontario
0
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13
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1031 Exchanges

1031 exchange for Canadian investors

Joseph Careri
  • Rental Property Investor
  • Ontario
Posted

Hi everyone!


My name’s Joseph and I’m a new investor from Ontario, Canada! I was wondering if anyone knew if there was an equivalent of the 1031 exchange for Canadians that want to sell their properties and buy into another one? I have yet to find anything remotely close and was hoping someone here might have a better idea! Thanks in advance!

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Melanie Dupuis's profile image
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Melanie Dupuis
  • Investor
  • from North Bay, Ontario
  • Member since Jul 14, 2019
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Melanie Dupuis's profile image
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Melanie Dupuis
  • Investor
  • from North Bay, Ontario
  • Member since Jul 14, 2019
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Melanie Dupuis
  • Investor
  • North Bay, Ontario
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Melanie Dupuis
  • Investor
  • North Bay, Ontario
Replied

@Joseph Careri I wish!!! We need to keep our fingers crossed that the government won't take away our 50% exemption on capital gains. Some of our sources say they are looking at reducing the amount that is not taxed.

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