Imagine 40% of the population (that could/would NEVER qualify to buy a home) being included in all the stats that indicate “affordability”. Is it not madness to allow gov’t stats to present Your product, in Your market through the eyes of your Non/Never-customer?
Extend your Principal Residence Exemption -up to four years after you move out! Read the rules v carefully – get advice!
Key Excerpt on Filing “an Election” if/when you move out of Principal Residence –delaying the “deemed disposition” There may be some relief from this taxable capital gain by filing an election to not have the change in use rules apply. This election is done by filing a letter with your personal tax return in the…
