In CY2023 I stopped renting out my house and moved back - it is my principal residence now. Do I have to declare it's value for Capital gains / loss purpose.
As per our TurboTax article: Changing Your Principal Residenceitlooks like you will be declaring only if or when you sell the house. You should clarify this with the Canada Revenue Agency (CRA) as some regulations have changed this year. Please call them at 1-800-959-8281.
As per our TurboTax article: Changing Your Principal Residenceitlooks like you will be declaring only if or when you sell the house. You should clarify this with the Canada Revenue Agency (CRA) as some regulations have changed this year. Please call them at 1-800-959-8281.
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.
Sign In
Canada (English)
EN
