Can you help your kids buy their first home and protect your money in the process?
Many parents want to help their kids buy a first home. Is this a good idea, and if so, what’s the best way to do it?
If you’re buying, selling or renovating a home this year, there are two real estate tax changes you should know about: a new anti-flipping tax and the multigenerational home renovation tax credit. Julie Seberras, Senior Manager of Wealth Planning Support with TD Wealth, joins Kim Parlee to dig into the details and why they may matter to you.
For most Canadians, the family home is their biggest investment and the decision to pass on that asset to their children raises some important questions. Greg Bonnell speaks with Pierre Letourneau, vice president and high net worth planner at TD Wealth about how to approach that decision.
Buying a home is one of the most emotional purchases you’ll make in a lifetime. But just as home prices in Canada hit new highs, so has the market mania for buyers and sellers. Here are some ways to make more informed financial decisions and bid on a home — or take a pass — with confidence.