Tax Tip Tuesday: Is the CRA treating the sale of your investment property as business income or a capital gain?
When you sell a rental property is the profit a capital gain or business income? It's an important question but difficult to answer. In Ontario the highest marginal tax rate for business income is almost 50% whereas the highest marginal tax rate for capital gains is...read more
Check out this article from Forbes on the Insights on the Role of Language in Business…a good read for entrepreneurs.