I am currently an American trying to purchase a vacation home (but primary residence after a year) with cash in Nova Scotia in need of much renovation. Purchasing taxes?
When I allocate the number of rooms for a home office, do I count the kitchen? And if the living room and dining room are sort of all one room, do I count as 2 rooms?
Where do I enter start up costs for the airbnb unit in our home (furniture, appliances, renovation costs)
Sold the house for 530,000 how do I calculate adjusted cost base? I spent approx 15k on renovations prior to selling the house I ended up with total 181,291.56
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