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Hi there,
More and more Ontario parents are buying homes to help their kids break into the housing market, but what feels generous can get complicated fast.
Who owns the title, how rent is handled, and what you tell your lender can all change how the CRA sees the property. A simple "helping hand" could end up being treated as an investment, with different tax and mortgage rules.
In this week's article, we break down:
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When it's smarter for the parent to own vs. the child
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How rent-free living affects taxes and deductions
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What the CRA looks for (and what to avoid)
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Legal, mortgage, and capital gains considerations you can't ignore
If you're thinking about helping your child buy, gift, or rent a home, this is the clarity you'll want before making your next move.
Want to learn more? Let's chat.
(No pressure, just smart advice.)
Talk soon,
David |
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Check out our featured article: |
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Before you buy, learn how CRA, lenders, and ownership rules really work |
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Check out our featured video: |
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Not all mortgage brokers are the same. Learn how to spot the good ones. |
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Check out this exclusive offer: |
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Upgrade your home and give back!
On November 8, 2025 (9AM–3PM) in Milton, enjoy employee pricing on select home appliances. A portion of all sales will be donated to support families in need across the community.
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How to attend:
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RSVP here → forms.gle/YRYM1Pf6SAWEgojq7
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Get your guest pass from me — just reply "PASS" and I'll send it.
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Bring your invite (digital or printed) for entry. You can bring up to 4 guests — spouses, friends, family — no extra pass needed.
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Important upcoming dates: |
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Upcoming Bank of Canada Interest Rate Announcements:
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October 29, 2025
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Wednesday, December 10
Canada Child Benefit (CCB) Payments:
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November 20, 2025
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December 12, 2025
Want to learn more? Lets talk |
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WealthTrack, 3-304 Stone Road West Suite 150, Guelph, ON N1G4W4, Canada |
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