Marty's Musings Archives - Page 2 of 19 - Law Firm of Martin K.I. Rumack

New Housing Measures Announced

April 28, 2017
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The Ontario government has announced what it calls a comprehensive housing package aimed at cooling a red-hot real estate market.

Here are the 16 proposed measures:

— A 15-per-cent non-resident speculation tax to be imposed on buyers in the Greater Golden Horseshoe […]

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The Basics of Ontario Land Transfer Tax (LTT)

April 26, 2017
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While we are on the topic of Land Transfer Tax (LTT) obligations in Ontario, here’s a little refresher:

Who has to pay LTT?

As most of you will know, anytime you buy land or an interest in land in Ontario, you are required […]

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First-Time Homebuyers, Take Note: A Bigger Land Transfer Tax Refund Starting in 2017

April 26, 2017
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Are you a first-time homebuyer in Ontario? Then there is potentially good news for you! Those of you with an agreement of purchase and sale that closes after January 1, 2017 may be eligible for an increased Land Transfer Tax Refund of up to $4,000. This […]

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Marty’s 2017 Newsletter

April 26, 2017
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The Year 2016 – What Happened?

Canada

The good weather we enjoyed until the middle of December has gone with the wind, and winter has now arrived with a vengeance.  Both the Farmer’s Almanac and Environmental Canada are predicting heavy snow for the later […]

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