Principal Residence Exemption | What You Don't Know Could Hurt You!

Think your home sale in Guelph is completely tax-free? For most homeowners it is, but not always. I break down the Principal Residence Exemption, what it actually covers, the form the CRA requires when you sell, and where the "tax-free" assumption falls apart (cottages, rental income, second properties). If you’re thinking about downsizing in Guelph & surrounding area, this video will walk you through… I help homeowners 55+ navigate the emotional and real estate side of selling and moving. 📧DeirdreDunne.Sold@gmail.com 📲519-803-5715 ✅If you want to talk through your potential downsizing situation. Let's have a 15 minute chat, no pressure. ➡️https://calendly.com/deirdredunne-sol... ✅FREE Next Chapter Guide - If you’re thinking about downsizing in Guelph, Kitchener, Waterloo or Cambridge areas, there’s a way to do it without the stress and overwhelm. ➡️https://drive.google.com/file/d/1pBh2...