Month: April 2016
Executors: Prepare for CRA’s due diligence on deceased’s real estate
Posted on April 7, 2016
Occasionally, an estate executor may be in a situation where a deceased’s estate includes a real estate property that consists of attached principal residence and commercial space, which sparks a number of tax-related issues. First, there would be a deemed disposition declared on the deceased’s final personal tax return. This deemed disposition would be in respect of the […]
Posted in Estate Accounting