When there is a change in use of a property you have, you may be considered to have sold all or part of your property even though you did not actually sell it. The following are some sample situations:
- You change all or part of your principal residence to a rental or business operation
- You change your rental or business operation to a principal residence
As per CRA you have to report Changes in use of your property.
We won't suggest you not to file as all changes are required to be reported to CRA. We would suggest to seek an advice from a Tax advisor or an Accountant or you can call CRA directly.
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