Cottage Financials

The attached document was brought to my attention by Yves Poirier, a DCA member, who works as a vice-president at BMO Nesbitt Burns.

Titled Your Plan for the Family Vacation Property it will be of interest to all those who own more than one home and wish to know more about the tax issues related to the eventual transfer of a cottage to a family member.

To read and download, click in the link.

Your Plan For the Family Vacation Property_EN

2 thoughts on “Cottage Financials”

Rod 2015-11-14 at 7:28 AM

DCA Board, Jacques,

VEry informative article on family vacation property.
Thanks Yves,
Rod
Claudette Hay 2015-11-19 at 4:06 PM

Jacques
Thanks so much for this article, thanks to Yves also. I printed the article. It’s a subject Bob & I talk about frequently about planning for our properties. A great idea for us all.

This Web site is sponsored by the Dunany Community Association (DCA), a community based organization, made up of people who reside in proximity to its surrounding lakes: Clear, Boyd, Black and Curran, free of motor boats.

The association’s raison d’être is to protect, maintain and enhance the quality of its environment, notably the quality of the water in its four lakes. The association also supports the development of community spirit by enabling social and cultural activities.

The association was founded in 1963 and is managed by a volunteer Board of Directors. It works closely with the two other pillars of Dunany, namely the Dunany Country Club and the Church of St-Paul’s of Dunany.

Dunany is located in Canada's Laurentian Mountains, 10 km north of Lachute, and about an hour away from Montreal, Quebec.

2 thoughts on “Cottage Financials”

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