Reporting your 2016 home sale on your tax return

March 26th, 2017

Did you sell your home in 2016?  You will need to report that information on your tax return.  Seem like brand new information?  It is.  In October 2016, the Finance Minister announced changes to the tax reporting requirements for capital gains earned from the sale of your principle residence.  Here is what you need to know.

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What is a principle residence?

A principle residence is a residen ...

Tips for first-time home Buyers

March 14th, 2017

Congratulations on making the decision to buy your first home.  Home ownership can be a great investment and exciting adventure.  Here are some of the important steps you can expect to take as you head down the pathway to your first home. 

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1.  Determine what you can afford

Figuring out how much home you can comfortably afford should be #1 on every Buyer’s to-do list.  Understanding monthly ...

March Preferred Client Update

March 3rd, 2017
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A 75 Percent Increase is Great for Calgary Real Estate

 As we settle into 2017, we are seeing significant improvements to the pace of sales, overall market conditions, and most importantly, consumer confidence. The energy market is the biggest driver of stability as oil prices have now increased by 75% year-over-year to the mid $50 range. This price range offers job security and many ...