Tax Implications of Pre-Construction Assignment Sales w/Fabio Campanella #267

Tax Implications of Pre-Construction Assignment Sales w/Fabio Campanella #267

 

Fabio Campanella from the Campanella Group, Gary’s personal accountant since Day 1 of his investment journey is back on the show to talk about taxation on pre-construction condos. Is taxation different if you move in vs rent out your condo? What rebates are currently available; what is the anti-flipping law and why you should be aware of it; what is an assignment sale and do all condos allow this; why some investors interested in condos purchased multiple units but not planning to move in and flip a few are now stuck with below-market condos after the prices dropped, and how can you get out of that; and MORE!

 

Contact:

Web: https://campanellagroup.com/about/

Insta: https://www.instagram.com/fab.campanella/

 

This episode proudly sponsored by McMurter & Associates. 

 

They are a real estate and estate law firm who can be your partner for every major legal event in your life. If you're planning an estate, selling or buying real estate, they can help with over 30 years of experience. Their objective is to prevent you from worrying about the legal aspect of your transactions. From the first meeting, McMurter will provide you with straightforward legal advice, and no surprises, including a legal bill you didn't expect. 

 

Find them at: https://www.mcmurter.com

 

Other Links:

Real Estate Investment Club visit https://www.smarthomechoice.ca  

 

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