Exit Tax and Passing Property to Children: Canadian Tax Implications Explained

Enjoyed this video? Join my Locals community for exclusive content at expatlifestyle.locals.com!
4 months ago
4
property inheritance and exit tax passing property to adult children Canadian property and exit tax exit tax exemptions property inheritance tax implications Canadian exit tax scenarios exit tax security options tax implications of property transfer Canadian real estate and exit tax foreign property and exit tax exit tax solutions

If you're considering passing your property to your adult children in Canada and wondering about the potential tax consequences, this video is for you. We delve into a scenario where property inheritance comes into play regarding exit tax. Learn about the unique situation where a property in Canada isn't subject to exit tax, and discover the strategies you can use if you don't have Canadian property to pledge as security. Join us as we explore hypothetical examples and real-world implications to help you navigate this complex tax landscape.

Loading comments...