Canadian answers only please.
If I own a rental property (within a corporation) and I refinance to remove some of the value, is capital gains paid in the current year or when/if the property is sold in some future year.
Secondly if I take the refinance money to reinvest “profit” into the company (eg// buy another property) how will this affect the capital gains.
Thanks in advance,
current rate 7.5%. lived in home 10yrs. Should i refinance before or after i retire.
Wife and I are refinancing home prior to filing for divorce or signing separation agreement. I am taking house as she does not want it or cannor meet the deprivation of it. We will refinance this week. What is the process once we sign the refinance to get her off the title. Is it relatively simple or do we have to jump through more hoops? We live in Ohio.
I need to know how the process is done.
What information do I need to to submit to them?
What is an exceptional credit score rating?
In Refinancing My Home, How Does It Work if I Consolidate My Car Payment Along with It?