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Blog & News: Vancouver Real Estate Market

Laneway House

 

 A laneway house is a small detached residential infill house that typically fronts on the lane of a larger principal house.

 

It’s important for property owners to understand their options before building a laneway house or buying a property with a laneway house. If you are looking for information about the tax implications of laneway houses, read about these scenarios outlined by the Canada Revenue Agency (CRA).

 

1. You own a principal residence and you hire a builder...

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