Downsizing Done Right

Downsizing Done Right

Downsizing done right or not is, without question, an emotional decision but there are steps you can take to make the transition easier, from start to finish. Be honest about why you want to downsize. Downsizing your large house for a smaller one, more suitable for long term retirement plans doesn’t necessarily mean you’ll realize […]

The Emotional Impact Of Downsizing

The Emotional Impact Of Downsizing

Most people don’t decide to downsize out of the blue. There’s usually a specific reason for it – a life transition like divorce, the kids have moved out, elderly people moving into assisted or independent living accommodations or the death of a spouse. Whatever the reason, the emotional impact of downsizing can take an emotional […]

New Rule for Reporting the Sale of your Home

New Rule for Reporting the Sale of your Home

Did you know that the Government has recently announced a new rule that will require all Canadian homeowners to report the sale of a principal residence in their tax returns in the year of the sale?  Ian met up with Tayler Osmond from MNP in Nanaimo to discuss this matter. Reporting the sale of your […]