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1031 exchange for Canadian investors
Hi everyone!
My name’s Joseph and I’m a new investor from Ontario, Canada! I was wondering if anyone knew if there was an equivalent of the 1031 exchange for Canadians that want to sell their properties and buy into another one? I have yet to find anything remotely close and was hoping someone here might have a better idea! Thanks in advance!
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@Joseph Careri I wish!!! We need to keep our fingers crossed that the government won't take away our 50% exemption on capital gains. Some of our sources say they are looking at reducing the amount that is not taxed.