condo ownership

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Can Condo Associations Ban Cannabis Smoking in Units?

Can Condo Associations Ban Cannabis Smoking in Units?

By Ilyce Glink| 2019-11-04T10:07:41-06:00 November 4th, 2019|

Can condo associations ban cannabis smoking in units? This reader wants to know how cannabis smoking can be prohibited if cigarette smoking isn’t. Q: I recently received a letter from my condo association about a proposed amendment to our condo declaration to ban cannabis smoking in our units. The letter states "The Condominium Act states [...]

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Avoiding Capital Gains Tax When Selling Investment Property

Avoiding Capital Gains Tax When Selling Investment Property

By Ilyce Glink| 2018-06-20T11:28:06-05:00 July 14th, 2017|

Navigating capital gains tax on the sale of an investment property can be complicated. Consult a tax professional to fully understand your options and their consequences. Q: We bought a rental property (it’s a condo) in 2005 for $80,000. We rented it out until 2016. Our daughter moved into this condo last year after she [...]