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Courses/Tax/Real Estate Tax *

Canadian Real Estate Taxation

Comprehensive Guide to Real Estate Taxation for Canadian Residents and Corporations

Created byJason Fleming
4.7
(135 reviews)
BeginnerUpdated Nov 11, 2024
Canadian Real Estate Taxation

What You'll Learn

check_circleUnderstand the tax rules for owning, renting, and selling real estate in Canada.
check_circleApply the principal residence exemption to reduce capital gains tax on property sales.
check_circleNavigate GST/HST implications and other real estate-specific taxes.
check_circleIdentify allowable deductions for rental properties, including capital cost allowance (CCA).
check_circleComply with taxation rules for short-term rentals in line with provincial and municipal regulations.
check_circleDifferentiate between business and property income for tax purposes.

About This Course

This webinar covers the Canadian taxation of real estate owned by individuals and corporations, including the taxation of rental income and capital gains from the sale of real estate.

It also addresses saving tax with the principal residence exemption and recent changes to capital gain inclusion rates, with many examples to help explain these essential topics.

Features

This webinar covers the Canadian taxation of real estate owned by individuals and corporations and includes, among other topics:

  • Rental income and expenses, including recent Capital Cost Allowance (CCA) changes and essential tax compliance rules 
  • Property flipping, capital gains, changes to inclusion rates, and capital property versus business income 
  • Saving tax with capital gain reserves, the principal residence exemption, the first home savings account (FHSA), and the multigenerational home renovation tax credit 
  • Related party transactions, gifts, and change-in-use, including key elections to defer tax 
  • Corporate refundable taxes on real estate and the capital dividend account 
  • GST/HST basics, recent changes for purpose-built rental properties, and the vacant homes tax (UHT)

Your Instructor

Jason Fleming
Jason Fleming

CPA, CA, M.Acc

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star4,641 reviews

Jason Fleming is a Chartered Professional Accountant (CPA), Chartered Accountant (CA) with a master’s degree in accounting. Jason is an associate professor, teaching stream, at York University, previously he was a tax manager at a Big-4 accounting firm in Toronto. Jason completed the CICA’s In-Depth tax course, ranked 8th in Ontario on the UFE (the CA professional exam) and taught tax week at the ICAO's Summer School. Jason is the author of CFE Tax, 9th edition, CFE Case Writing, 3rd edition and various tax articles.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.7
Student's Choice
135 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.