Tax Law
The First Time Home Buyer GST Rebate (FTHB GST Rebate). This is what we know so far!
New GST Rebate Helps First-Time Home Buyers Save Up to $50,000 In a major move to make homeownership more affordable for young Canadians, the federal government has...
Condo Builders Leasing Units Triggers HST Self-Supply
This article is not intended to provide any accounting or tax advice, but merely to illustrate to condo builders some serious consequences of leasing their inventory...
A guide to setting up your PREC: Personal Real Estate Corporation
In addition to completing or honoring all of the steps in the checklist below, and in addition to consulting, legal (i.e. contacting the lawyers at Levy...
Toronto’s Vacant Home Tax
As of 2022 Torontonians need to pay to keep their homes vacant, whether by choice or not! That's right, the City of Toronto added Chapter 778,...
Does your occupancy period count towards your 12 month anti-flipping of property?
Does your occupancy period count towards your 12 month anti-flipping of property? Bill C-32 makes a few simple changes to the Canadian Income Tax Act (the "Act")...
Foreign Buyer Ban and Anti-House Flipping Laws Implemented in 2023
The Foreign Buyer Ban If you have been trying to buy a house over the last few years, you may feel it's impossible to get one...
Different Types of Business Law
If you own a business, chances are that you will have to consult with a business lawyer a number of times during the length of your...
Creating an Estate Plan for 2021
The arrival of a New Year is the time that many of us like to make resolutions. And while that usually means thinking about things that...
Personal Real Estate Corporations (PRECs) are here! What are they and how are they different from any other corporation?
Prior to the end of 2001, professionals could not incorporate their practices except as allowed by the laws that regulated their specific profession (all compliant professional...
Meeting your legal needs during Covid-19
Meeting your legal needs during Covid-19 At Levy Zavet, the health and safety of our clients and staff is our top priority. During this time, we are...
