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Blogs tagged with condo flipping

Is Condo Flipping Subject to Capital Gains Tax or Income?

Over the last few years, flipping condos and houses has become a profitable endeavor for many Canadians, a way to turn hard work into hard-earned cash. However, what some are coming to realize is that the assumption taken as fact by many, that this is an issue of capital gains…

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Flipping Condos in Toronto Has Become a Dangerous Prospect

Over the past decade, the condominium real estate market in Canada has been an excellent investment in major city centres like Toronto. The business of flipping condos in Toronto is lucrative with some people purchasing condos pre-construction and then selling as soon as the condo is built (or even before),…

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