Does oversea property in past 4 years count in eligibility of opening FHSA?
@NovellaWealth
8 ай бұрын
You can open FHSA account only if you did not live in a qualifying home (or what would be a qualifying home if located in Canada) as your principal place of residence that you owned or jointly owned in this calendar year or in the previous 4 calendar years. If your foreign property is an investment property then you are eligible.
@waynetang1823
Жыл бұрын
want to know day trade is it too frequent in TSFA?
@NovellaWealth
Жыл бұрын
Day trading or overly frequent trading through a TFSA may be considered a business activity and flagged by the CRA. In such case, profits could be fully taxable as business income.
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