Tax Tips for Homeowners: Principal Residence Exemption 3 Credits
Learning mode
There has been a dramatic increase in litigation cases in individuals trying to claim the principal residence exemption. This rise indicates that taxpayers were trying to take advantage of this incentive to buy a home and put tax-free money in their pockets.
This insightful webinar delves into the Principal Residence Exemption (PRE) and its critical applications in property taxation. We explore real-world scenarios, including Mr. BoBo's case, to illustrate how PRE can affect capital gains and the conditions under which it applies. The CPD Course covers essential topics such as the impact of PRE on capital gains, the limitations for properties not designated as principal residence during specific years, and the strategic use of section 45(3) elections.
We also address the evolving rules for trusts post-2016, highlighting significant changes that impact how trusts can claim PRE. The discussion includes an overview of the new requirements for designating properties as principal residences within personal trusts and the important considerations for specified beneficiaries. The webinar concludes by thoroughly examining HST considerations related to residential properties, including new housing rebates, renovation treatments, and mixed-use properties.
Key topics covered:
Join us to gain valuable insights and practical knowledge to navigate the complexities of PRE and HST in real estate.
| License details | Credits | Status |
|---|---|---|
| Taxes for CPA in Canada | 3 CPD | Eligible |
| Estate Planning for Personal Financial Planner (PFP) | 3 CE | Eligible |
| Advanced estate planning for Certified International Wealth Manager (CIWM) | 3 CE | Eligible |
| Tax Planning for Certified Financial Planner - Canada (Approval No. 16108) (Valid upto : Aug 25, 2026) | 3 CE | Approved |
| Tax Planning for Qualified Associate Financial Planner (QAFP) (Approval No. 16108) (Valid upto : Aug 25, 2026) | 3 CE | Approved |
| License details | Credits | Status |
|---|---|---|
| Taxes for CPA in Canada | 3 CPD | Eligible |
| Estate Planning for Personal Financial Planner (PFP) | 3 CE | Eligible |
| Advanced estate planning for Certified International Wealth Manager (CIWM) | 3 CE | Eligible |
| Tax Planning for Certified Financial Planner - Canada (Approval No. 16108) (Valid upto : Aug 25, 2026) | 3 CE | Approved |
| Tax Planning for Qualified Associate Financial Planner (QAFP) (Approval No. 16108) (Valid upto : Aug 25, 2026) | 3 CE | Approved |
| License details | Credits | Status |
|---|---|---|
| Taxes for CPA in Canada | 3 CPD | Eligible |
| Estate Planning for Personal Financial Planner (PFP) | 3 CE | Eligible |
| Advanced estate planning for Certified International Wealth Manager (CIWM) | 3 CE | Eligible |
| Tax Planning for Certified Financial Planner - Canada (Approval No. 16108) (Valid upto : Aug 25, 2026) | 3 CE | Approved |
| Tax Planning for Qualified Associate Financial Planner (QAFP) (Approval No. 16108) (Valid upto : Aug 25, 2026) | 3 CE | Approved |
Credits
Course Level
Instructional Method
Pre-requisites
Advance Preparation
At MY-CPE, we provide top-tier CPA CPD courses tailored for CPA Canada professionals. Earn your CPD credits in Canada with our flexible and convenient online courses. Our expert-led CPA Canada CPD courses ensure you stay compliant and enhance your professional skills. Whether you need specific CPA CPD credits or comprehensive professional development, MY-CPE has you covered. Join us today to access high-quality education designed to meet your CPD requirements efficiently.
AJAG offers a comprehensive selection of professional development courses in Tax, Accounting, Assurance, Ethics and more - all designed to keep CPAs informed and up to date. We strive to deliver the highest quality, most relevant and accessible continuing education content for CPAs in Canada. Our instructors are some of the most well-respected presenters in their field and present their own course material - covering a wide range of relevant, timely topics.
Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.
To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.
Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.
To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.
After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.
To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.
Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.
To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.
After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
JC
Based on Canada not US tax law, where the material was very non familiar to me
JC
Based on Canada not US tax law, where the material was very non familiar to me
Jan 16, 09:30 AM ET
Jan 16, 10:00 AM ET
Jan 16, 11:00 AM ET
Jan 16, 11:00 AM ET
Jan 16, 11:30 AM ET
.webp "Practical Guide to IRAs – Contributions & Distributions for Traditional, Roth, SEP & SIMPLE IRAs")
Jan 16, 12:00 PM ET
Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.
Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.
Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.
Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.
The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.
Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.
This course is included with,
Gain access to everything required for compliance, skill enhancement, and staying ahead of industry trends—all included in the Individual subscription. Here’s what you get:
Pre-selected courses for quick compliance
Connect with like-minded professionals on Teams.
Trusted by 250,000+ Professionals
-(1).png){kind=small}
