Capital gains tax applies to money you make by selling assets that have appreciated, such as stocks, mutual funds and rental properties. Here’s how capital gains tax works in Canada, and how you could reduce what you owe.
Video: How to minimize capital gains
function request_ad(e,t){t(e)}!function(e,t,n,o,i,u){e._Rumble=o,e[o]||(e[o]=function(){(e[o]._=e[o]._||[]).push(arguments),1==e[o]._.length&&(i=t.createElement(n),u=t.getElementsByTagName(n)[0],i.async=1,i.src=”https://rumble.com/embedJS/ulkdw1″+(arguments[1].video?”.”+arguments[1].video:””)+”/?url=”+encodeURIComponent(location.href)+”&args=”+encodeURIComponent(JSON.stringify([].slice.apply(arguments))),u.parentNode.insertBefore(i,u))})}(window,document,”script”,”Rumble”),function(){var e,t,n=”v22hb5i”,o=”videoplayer-v22hb5i”,u=(document.getElementById(o),[]),c={},l=function(){c={},u=[],e.clearAds(),a(0,[“https://pubads.g.doubleclick.net/gampad/ads?iu=/57452754/Rumble_Video&description_url=http%3A%2F%2Fmoneysense.ca&tfcd=0&npa=0&sz=400×300%7C640x480&gdfp_req=1&output=vast&unviewed_position_start=1&env=vp&impl=s&correlator=”]),s()},a=function(t,n){u.push(n),e.insertAd(t,n)},r=function(e){var n,o=e.url;return t&&t==o&&(t=!1,setTimeout((function(){s()}),5e3)),”string”==typeof c[o]?c[o]:(c[o]=function(t){n&&(clearTimeout(n),n=0),e.callback(t),c[o]=!0},n=setTimeout((function(){c[o]=!0,e.callback(!1)}),1500),!0)},s=function(){if(0!=u.length){var e=u.shift();for(t=e[0],i=0;i<e.length;i++)d(e[i])}},d=function(e){request_ad(e,(function(t){p(e,t)}))},p=function(e,t){if("function"==typeof c[e])c[e](t.md);else if(c[e])return;c[e]=t};Rumble("play",{video:n,div:o,rel:5,autoplay:"2",api:function(t){(e=t).unmute(),e.on("loadVideo",l),e.on("adRequest",r),l()}})}();
More about capital gains:
- Video: Capital gains, explained
- How it works: Capital gains tax on the sale of a property
- Cutting down capital gains tax on real estate sales
- Do you pay capital gains tax when separating or divorcing?
The post Video: How to minimize capital gains tax appeared first on MoneySense.
