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Sold home 2016 to purchase new home 2017 in another town more than 40 km away. Completion Oct. 2017. Job started May 29/17. Can I claim costs relating to sell/purchase?
October 30, 2019
1:45 PM
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Self-employed
You may be eligible to deduct some of these costs, subject to certain restrictions. One thing to keep in-mind is the timing of the expenses and to determine which year of tax return they should apply to.
You can find more information on what is claimable and when on the CRA site here:
October 30, 2019
1:45 PM