
Pre-construction Deals: HST and Tax on New Construction in Ontario
June 8 @ 11:00 AM - 12:00 PM

Many agents and buyers think that building a custom home and selling it with profit, or doing an assignment of a home purchase agreement are simple transactions, but the reality is far different. These transactions can be extremely complex and if not handled properly can result in the loss of a lot of money.
At this event, Broker, Masoud Esfahani and Barristers & Solicitors, Mr. Puneet Jatana from Korman & Company Professional Corporation will describe new and old tax and HST regularities related to these kinds of property transactions, especially two issues relating to HST that assignors (seller) and assignees (buyer) should consider when entering pre-construction freehold and condominium assignments.