Quote:
Originally Posted by Incinerator
the Canadian Real Estate Association has been lobbying hard for investors in situations like yours, if successful the tax can be deferred until you "cash out for real" (like an RRSP), if you keep pouring it back into real property investments you will not have to pay tax until you're done.
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They are also pushing for that for stocks too. Once you get the cash you pay tax. I suspect it will come after the next election. It was mentioned in the budget a few year ago.