Canadian Tax : Selling Primary Residence (Less Than 2 Years)

Canadian Tax : Selling Primary Residence (Less Than 2 Years)

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 Canadian Tax : Selling Primary Residence (Less Than 2 Years) Amit Chandel Reply Send to a Friend   Print
 
Subject Author Date
Canadian Tax : Selling Primary Residence (Less Than 2 Years) Amit Chandel 03-27-2005
I recently bought a brand new house in Vancouver, BC as a first time
homebuyer, and moved in 5 months ago. Due to an offer from work, I
may have to relocate back to Toronto.

Would I be subject to pay capital gains tax in Canada ? This has only
been my primary residence for 5 months.

Thanks,
AC



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