OFFER TO PURCHASE FORM
BUYING HOME CHECKLIST
SELLING A HOME CAPITAL GAINS TAX
Visit  blog
Visit me on Facebook
Visit me on LinkedIn
Georgetown Dream Homes August 2012 Edition
 Georgetown Dream Homes August 2012 Edition     
OFFER TO PURCHASE FORM
OFFER TO PURCHASE FORM
Understanding the Offer to Purchase Form is essential once your house hunting expedition is a success! You have found the perfect home, one that satisfies your needs, most of your wants... and best of all, fits your pocketbook. Now comes one of the most important phases of your home-buying experience: making an offer to purchase the home.

Basically, the offer is a precisely worded document that sets out the terms and conditions between the buyer and the seller.
Full Story
BUYING HOME CHECKLIST
BUYING HOME CHECKLIST
If you are buying a home, then, before you decide on whether this home is your dream home, the following checklist will help you look at prospective homes with a critical eye. We suggest printing this page and putting it on a clipboard. When you find a home that really interests you, mark the features you see and note their general condition on this list.
Full Story
SELLING A HOME CAPITAL GAINS TAX
SELLING A HOME CAPITAL GAINS TAX
The Income Tax Act does not specifically set out whether or not a gain or loss is capital in nature. The taxpayer is responsible for reporting the gain as income or capital gain. This report may then be challenged by the Canada Customs and Revenue Agency with the onus of proof on the taxpayer.

Over the years, Capital Gain Tax has been determined based on a number of factors such as the intention of the taxpayer, relationship to the taxpayer's business, frequency of transactions, length of time held, nature of the transaction and objects of the corporation.
Full Story
Ritch Johansen
Sales Representative
Royal LePage Meadowtowne Realty, Brokerage

cell:416 817-4318