{"id":536,"date":"2016-06-21T20:53:53","date_gmt":"2016-06-21T20:53:53","guid":{"rendered":"http:\/\/carringtoninc.ca\/?p=536"},"modified":"2016-06-21T20:53:53","modified_gmt":"2016-06-21T20:53:53","slug":"what-are-your-federal-tax-obligations-when-buying-and-selling-property-in-canada","status":"publish","type":"post","link":"https:\/\/carringtoninc.ca\/?p=536","title":{"rendered":"What are your federal tax obligations when buying and selling property in Canada?"},"content":{"rendered":"<p>The Canadian real estate market is active, particularly in some major Canadian cities like Vancouver and Toronto. Questions have been raised about what federal tax obligations the buyers and sellers of real estate in Canada must meet, and how the Canada Revenue Agency (CRA) ensures tax compliance on these transactions.<br \/>\nThis fact sheet is intended to answer these questions and address some myths about real estate transactions in Canada and the CRA\u2019s role in administering the tax rules that apply to these transactions.<\/p>\n<p><a href=\"http:\/\/www.cra-arc.gc.ca\/nwsrm\/fctshts\/2016\/fs160620a-eng.html?utm_source=mediaroom&amp;utm_medium=eml\">Click here<\/a> to check out some facts!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian real estate market is active, particularly in some major Canadian cities like Vancouver and Toronto. Questions have been raised about what federal tax obligations the buyers and sellers of real estate in Canada must meet, and how the Canada Revenue Agency (CRA) ensures tax compliance on these transactions. This fact sheet is intended &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/carringtoninc.ca\/?p=536\"> <span class=\"screen-reader-text\">What are your federal tax obligations when buying and selling property in Canada?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What are your federal tax obligations when buying and selling property in Canada? - My CMS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/carringtoninc.ca\/?p=536\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What are your federal tax obligations when buying and selling property in Canada? - My CMS\" \/>\n<meta property=\"og:description\" content=\"The Canadian real estate market is active, particularly in some major Canadian cities like Vancouver and Toronto. Questions have been raised about what federal tax obligations the buyers and sellers of real estate in Canada must meet, and how the Canada Revenue Agency (CRA) ensures tax compliance on these transactions. This fact sheet is intended &hellip; What are your federal tax obligations when buying and selling property in Canada? Read More &raquo;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/carringtoninc.ca\/?p=536\" \/>\n<meta property=\"og:site_name\" content=\"My CMS\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-21T20:53:53+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cci\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/carringtoninc.ca\/#website\",\"url\":\"https:\/\/carringtoninc.ca\/\",\"name\":\"My CMS\",\"description\":\"Full Cycle Bookkeeping, Tax Preparation and much more!\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/carringtoninc.ca\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/carringtoninc.ca\/?p=536#webpage\",\"url\":\"https:\/\/carringtoninc.ca\/?p=536\",\"name\":\"What are your federal tax obligations when buying and selling property in Canada? - My CMS\",\"isPartOf\":{\"@id\":\"https:\/\/carringtoninc.ca\/#website\"},\"datePublished\":\"2016-06-21T20:53:53+00:00\",\"dateModified\":\"2016-06-21T20:53:53+00:00\",\"author\":{\"@id\":\"https:\/\/carringtoninc.ca\/#\/schema\/person\/c0602dae69ebb2c86dc756c9358f2213\"},\"breadcrumb\":{\"@id\":\"https:\/\/carringtoninc.ca\/?p=536#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/carringtoninc.ca\/?p=536\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/carringtoninc.ca\/?p=536#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\/\/carringtoninc.ca\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What are your federal tax obligations when buying and selling property in Canada?\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/carringtoninc.ca\/#\/schema\/person\/c0602dae69ebb2c86dc756c9358f2213\",\"name\":\"cci\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/carringtoninc.ca\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bc9b11de0508f9eeea5c9b2901297564?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bc9b11de0508f9eeea5c9b2901297564?s=96&d=mm&r=g\",\"caption\":\"cci\"},\"url\":\"https:\/\/carringtoninc.ca\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What are your federal tax obligations when buying and selling property in Canada? - My CMS","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/carringtoninc.ca\/?p=536","og_locale":"en_US","og_type":"article","og_title":"What are your federal tax obligations when buying and selling property in Canada? - My CMS","og_description":"The Canadian real estate market is active, particularly in some major Canadian cities like Vancouver and Toronto. Questions have been raised about what federal tax obligations the buyers and sellers of real estate in Canada must meet, and how the Canada Revenue Agency (CRA) ensures tax compliance on these transactions. This fact sheet is intended &hellip; What are your federal tax obligations when buying and selling property in Canada? 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