Cottages are more than a respite from workaday troubles, they're major financial responsibilities.
Many Canadians expect to leave vacation property in their wills, but the rapid rise in real estate values could leave them or their heirs with a major tax bill.
Help clients keep cottages in the family while minimizing tax and eliminating headaches. Here's how to use the principal residence exemption to increase tax savings.
While your host has to pay tax, worry about succession planning and budget for maintenance, you just have to show up with a bottle of wine and your bathing suit. Take this quiz to see if you're a good cottage guest.
Keeping the family cottage in a trust for longer creates a tax nightmare.
Taxes usually aren’t top of mind when clients buy a recreational property, even though they should be. Here are three ways to share as little as possible with the CRA.
Heading to the cottage? So are your clients. So learn how to help them protect their treasured assets from taxes.
A cottage is more valuable than you think. Yes, it's a cozy getaway, but it’s also a valuable investment property.
A leading property insurer shares the following tips and considerations for making sure your cottage getaways are both fun and safe this season.
There are differences between insuring a home and cottage.