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New Member
posted Mar 23, 2023 12:58:16 PM

What if I claimed the exemption for the sale of principle residence in 2021 and sold my next principle residence again in 2022. How do I avoid claiming same for 2022?

What if I claimed the exemption for the sale of principle residence in 2021 and sold again in 2022?

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1 Replies
Moderator
Mar 31, 2023 10:07:25 AM

If you sold your principal residence in 2022, then you have to report it. If the CRA contacts you regarding claiming the sale of your principal residence two years in a row, just explain your reasons to them.