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Tax Implications of Pre-Construction Assignment Sales w/Fabio Campanella #267

Tax Implications of Pre-Construction Assignment Sales w/Fabio Campanella #267

Fabio Campanella from the Campanella Group, Gary's personal accountant since Day 1 of his investment journey is back on the show to talk about taxation on pre-construction condos. Is taxation different if you move in vs rent out your condo? What rebates are currently available; what is the anti-flipping law and why you should be aware of it; what is an assignment sale and do all condos allow this; why some investors interested in condos purchased multiple units but not planning to move in and flip a few are now…

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