Be Informed
The non-resident speculation tax (NRST) in Ontario is imposed on foreign nationals during the purchase of residential properties. One of the ways to avoid this tax is by applying for the NRST rebate to the Ministry of Finance. If you’re confused about what the NRST...
Foreign buyer tax Ontario, also called the non-resident speculation tax (NRST), is a provincial charge that applies to foreign nationals. Along with the land transfer tax (LTT), it can significantly increase your total house closing costs. This may make you wonder if...
Understanding Canadian real estate taxes can be overwhelming, especially if you’re a non-resident. The housing market is governed by various regulations that apply different taxes, such as the land transfer tax (LTT) and non-resident speculation tax (NRST), during the...
Land transfer tax (LTT) is a house closing expense that a buyer has to face when registering a new property in Ontario. It is legally mandatory to pay this tax, but there are ways to reduce its value or avoid paying it in some cases. If you’re already overwhelmed by...
Buying a home in Ontario is a significant financial investment that you must make wisely. One of the factors that can impact your closing costs and overall real estate investment is the land transfer tax in the province. The tax is payable whenever you buy a new...
No couple ever wants to think about how to divide assets such as property after a divorce, but the step is necessary when legally separating or divorcing in Ontario. The process may be difficult, but understanding your rights can help ease things. A trusted family...
Separating from your spouse or common law partner can be one of the most emotionally charged periods of your life. You may make hasty decisions that can affect your legal, professional, and financial future. At Barnett Law, we understand how complex it can be to...
Divorce is an important life step that can be emotionally draining for many couples in Canada. Things can become even more complicated if you don't know the appropriate divorce process steps. Understanding how to file for divorce in Ontario can help you initiate your...
Feel free to follow us on social media for the latest news and more inspiration.