When you sell your home, you typically do not have to pay capital gains tax on the money you make, as long as the property was considered your principal residence for every year you owned it. However, as of October 2016, if you sell your principal residence, you do have to report the sale.
How do you determine if the home you sold was your "principal residence"? Here are a few quick bits of information:Read more..
Helping you is what we do. Royal LePage’s commitment to quality service and innovation is embodied in this, our value proposition to consumers, to sales representatives, and to brokers.
Royal LePage has a proud history of delivering quality service and innovation, dating back to 1913. Our founder, A.E. LePage, introduced many firsts to the Canadian real estate industry, including property showings by automobile, detailed property descriptions in newspaper advertising, and the use of film to showcase homes.
Today, Royal LePage has grown to become one of the strongest and most trusted brands in Canadian residential real estate. With more than 13,500 sales representatives in over 600 offices coast–to–coast, we have doubled our size and tripled our market share over the last ten years.
We continue to grow by developing our founder’s tradition of quality service and innovation. Only Royal LePage offers an industry-leading suite of propriety tools, products and services to help our consumers, our sales representatives, and our brokers become more successful in their real estate endeavors.