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Buying on Leased Lands

Buyers may fall in love with a spectacular kitchen, or vaulted ceilings, but they should also consider the land?
Posted by Sutton Support on December 18, 2015 in  uncategorized
A home is a substantial and important purchase. It is one of the few tax-free investments available to Canadians. There are no income taxes due on the capital gains, when selling a primary residence.* As well, retired homeowners often want to tap into the equity of a mortgage-free home with a reverse mortgage or sell the property to fund assisted living. Home is where the heart is and where people build wealth. Although there are exceptions, the quality of that investment is very much affected by the land beneath t... read more
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