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  1. Terry_w

    tax implications for reno & sell

    No, that is because GST law says GST applies to new residential properties sold for the first time and substantially renovating an old property could mean it is now 'new'.
  2. Terry_w

    tax implications for reno & sell

    You would look at the ownership structure and also at the way the owner holds the property. I also thought I made a post which didn't appear to get through. If you are doing a 'substantial' renovation GST may apply to the sale as well.
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