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What is the nature of the property? If it is personal use property you may want to premptively investigate, before selling any stocks, whether losses from your investment account can be used against personal use property gains. I don't definitively know the answer but I do know that personal use property losses cannot be used against investment gains, but the sale nevertheless must be reported to CRA. ( I have recently sold, at a small loss a piece of personal use property).

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Completely incorrect. Gains on personal use property can be offset by capital losses on sale of investments. Example- a few years I had a large capital gain on the sale of a personal use property (vacation condo). Capital losses on the sale of some investments helped cushion the tax bite.
Not "Completely incorrect" I never stated the OP couldn't. It was just something I suggested the OP get advice on/clarify. What is it about the second part of my statement that personal use property losses can't be used to offset investment gains that you find "Completely incorrect"
 
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