The 2024 Federal Budget has introduced crucial adjustments to capital gain taxes and other related financial measures. If you're like me and deeply involved in property investments, particularly those held through corporations for that extra layer of legal protection, you'll want to understand how these new tax rules are going to affect us. Ensure you watch the entire video to not miss out on critical insights and tips! And do share this video with your fellow investors on anyone with real estate investments to help spread the word about these changes. Key Moments In This Episode ======================== 00:00 - Introduction 01:55 - New Rates for Property Sales 03:49 - Tax Calculation by Ownership Structure 05:50 - Higher Tax Liabilities Explained 07:50 - NDP's Position on Capital Gains 09:36 - Increase in Home Buyer Plan 11:28 - Accelerated Capital Cost Allowance 13:15 - Critique on Accelerated CCA If you have any questions or thoughts after watching this video, leave a comment below, and I’ll respond as soon as possible. Don’t forget to subscribe to my channel for more videos on Canadian real estate and tax-saving strategies so you don’t miss a thing! ---------------------- Please make sure to speak to a professional that knows your personal situation before making a decision. If you need to talk to someone on my team, email us at admin@cccpa.ca. ---------------------- SIGN UP FOR OUR NEWSLETTER Want to stay up-to-date with all the latest news about Real Estate Tax Tips, receive weekly tax tips and free real estate investment resources? Then subscribe to our newsletter here: https://realestatetaxtips.ca/youtube ---------------------- Want to PAY LESS TAX as a real estate investor? Check Out All of My Tax Saving Resources HERE: https://realestatetaxtips.ca/resource. ---------------------- FOLLOW ME ON SOCIAL MEDIA: Facebook:https://www.facebook.com/RealEstateTaxTips Instagram: https://www.instagram.com/realestatetaxtips/ ---------------------- ⭐Cherry’s Best Real Estate Tax Tips ⭐ ➡️8 Essential Tax Tips for Real Estate Investors: https://www.youtube.com/watch?v=mBn-qHzK0Jo ➡️Rent-To-Own & Private Lending Tips You Need To Know: https://www.youtube.com/watch?v=S6iVcuSwoMA ➡️How To Claim Home Office Expenses (2024 Update): https://www.youtube.com/watch?v=J3E0gQtKYIw ➡️Unconventional Strategies for Thriving in Real Estate: https://www.youtube.com/watch?v=rMyHTFZbOf8 ➡️Registered Retirement Savings Plan (RRSP) Tips & Tricks to Maximize Contributions in 2024: https://www.youtube.com/watch?v=k3GbfDjDNzQ ---------------------- DISCLAIMER: Real estate Tax planning is a personalized decision and will depend on your situation, priorities, and risk tolerance. Consult with your legal and tax advisors to ensure you get the best personalized advice. The information contained in this video is for general information purposes only. The information is provided by ECRB Consulting Inc., RealEstateTaxTips.ca, Cherry Chan Professional Corporation and Cherry Chan. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the article or the information, products, services, or related graphics contained on the presentation for any purpose. Any reliance on such information is, therefore, strictly at your own risk. In no event will we be liable for any loss or damage, including, without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of or connected with the use of this information. #CherryChan #RealEstateTaxTips #RealEstateInvesting #CanadianInvestors #RealEstateCanada #canada #taxes #CRA #CanadianRealEstate #CapitalGainsTax #FederalBudget2024 #TaxChanges2024 ---------------------------------