Episode #41 – The Grey Areas of GST in Real Estate

There is no hard and fast rule as to which properties you must pay Goods and Services Tax (GST) on, as every situation is a little different.

James and Denny review situations where it was unclear if the GST had to be paid, and what they learned from those circumstances.

This episode will focus on the impact of intent when purchasing a property, buyers vs. sellers paying the tax, the difference between new construction and significantly renovated homes, and the importance of speaking with a professional accountant about each individual real estate deal.

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