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principle residence

  1. Renting out my principal residence and renting another apartment

    Taxation
    This is my first post on this forum and I'm hoping I can get some advice from you kind folks to clear up my understanding on the below matter. I apologize for the lengthy post in advance. Some quick facts about my situation: I own a condo in Toronto and it has been my principal residence since...
  2. Designate US property as "Principle Residence'

    Taxation
    I currently own a condo in the states, I bought it in an area where prices were depressed in 2011, for a sum in the low $100k range. I conservatively value it at double what I paid for it. I also currently own a home in 'joint tennancy' with a family member in eastern Canada. Which is in the...
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