Smart Wealth: Navigating Your Financial Future

Ep 28 Capital Gains Reserve

Smarth Wealth- Navigating Your Financial Future with Brett Cranson & Omari Whyte Season 1 Episode 28

Have you ever wondered how the capital gains tax impacts your financial future and what strategies you can use to minimize its effect? 

 In this episode, we dive into the complexities of the capital gains inclusion rate and explore various strategic opportunities to manage your tax liabilities. Understanding these concepts is crucial for optimizing your wealth and making informed financial decisions. Whether you’re an investor, a homeowner, or someone planning a major asset sale, this episode is packed with insights that can significantly impact your financial planning. 

  

Episode Highlights: 

  • Understanding Capital Gains and Inclusion Rate 
  •  Strategies to Manage Capital Gains 
  •  Becoming a Non-Resident for Tax Purposes 
  •  Utilizing the Principal Residence Exemption 
  •  Assessing Reinvestment Risk 
  • Understanding Investment Horizons 

 

Stay Connected with Smart Wealth Podcast Hosts:  

Brett Cranson: www.linkedin.com/in/brettcranson/  

Omari Whyte: www.linkedin.com/in/omari-whyte/ 

 

LinkedIn Brett Cranson: linkedin.com/in/brettcranson

LinkedIn Omari Whyte: linkedin.com/in/omari-whyte

For business inquiries, please head over to

https://www.uptownwealthmanagement.com
https://www.familyfirstadvisors.ca

email:

brett.cranson@ipcsecurities.com

omari.whyte@familyfirstadvisors.ca

Brett Cranson & Omari Whyte have been helping Canadians with their Financial, Retirement and Estate Planning since 2003. Our office is based in Toronto, ON, Canada - but help Canadians Coast to Coast.