This course provides an in-depth overview of the legal and financial aspects of flipping houses and the taxation of real estate transactions in Canada. Participants will learn about the risks and benefits of flipping houses in today's market and how to navigate new tax laws that have changed the rules around capital gains tax for real estate flipping.

The course will also cover the impact of government regulations on house flipping and provide practical advice for businesses and individuals who want to invest in real estate.

Some of the topics covered in this course include:

• The Audit Process
• New Residential Property Flipping Rules
• Implications for Taxpayers
• Tax Court of Canada
• Advising Clients on House Flip Disputes
• Budget 2023 – Updates on capital tax deductions

By the end of this course, participants will have a comprehensive understanding of the legal and financial implications of flipping houses in Canada. They will be able to make informed decisions about real estate investments and develop strategies to minimize risks and maximize profits.

The course will also provide participants with practical skills and knowledge for working with clients who are interested in flipping houses, including how to advise clients on business plans and loans for small businesses.