Recreational Property and capital gains

Another summer long weekend is approaching, and cottage season really is in full swing If your summer revolves around your beautiful recreational property, you may want to consider the impact of capital gains tax on your piece of paradise. Cottages are frequently great investments, but the growth in their value may make it difficult to pass them on to the next generation. If you are concerned about passing on your cottage, without passing on a major tax burden, give me a call. There are simple, and often inexpensive, strategies to avoid this risk

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For a review your portfolio, or a complimentary copy of my CD, visit, www.beyondfunds.ca or call me, Jeff Wareham, at 519 660 3260. This program is for information purposes only. Fees, management fees and commissions may be associated with mutual fund investing. Investors should consult their prospectus before investing. Views expressed are those of the author, not Scotia Capital. ScotiaMcLeod is a division of Scotia Capital, member CIPF