Zinati KayToronto, ON · October 19, 2026The Taxman Cometh—Flipping Houses? Don’t Flip Past the Tax Bill
CRA is actively examining these transactions. Its national real estate audit results for April 2024 to March 2025 included more than $231 million in GST/HST assessments. These are existing tax rules, but owners who assumed their projects would pass as tax-free home sales should take notice. 1. You may be a “builder” without thinking of … The Taxman Cometh—Flipping Houses? Don’t Flip Past the Tax Bill
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