There are a lot of myths around the primary place of residence tax exemption here in Canada. Especially when it comes to flipping properties. On this episode of The Your Life! Your Terms! Show we sit down with Fabio Campanella and tax lawyer, Joseph LoPresti, to break down everything real estate investors need to know. There are six criteria used by the Canadian Revenue Agency (CRA) that all investors need to know. You can find Joseph at www.LoPrestiLaw.ca or email at joseph@loprestilaw.ca and Fabio at www.CMLLP.com.
