• Steinbach 204.326.3442 - 85 PTH 12 North, Steinbach, MB, R5G 1A7
  • Niverville 204.388.9300 - Box 1120, 62 Main Street, Niverville, MB, R0A 1E0
 

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Flip or Flop: Navigating the New Income Tax Act rules regarding Real Estate “Flipping”

Beginning as a highlight in the 2022 Canadian Budget, the federal government has made a concerted effort to ensure that profits made from “flipping properties” (i.e purchasing a property with the intent or effect to resell the property for a profit) are taxed in a full and fair manner.  As defined in Section 13 of the Income Tax Act, flipped property means a “housing unit… Read More »

Who has the Right and Responsibility to Make the Funeral Arrangements?

After a person has passed away, who has the right and responsibility to arrange for the funeral and the disposition of the deceased person’s body?  This question may arise when a person considers making advance funeral instructions.  This question may also come up where the family or friends of a deceased person disagree on funeral arrangements or on the method of disposing of the body.… Read More »

 
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