Should We Sell Before We Buy? + Do I Have to Pay Tax To Move into My Own Condo Rental? — ‘The Situation’ Consumer Q&A

It's time for your questions on our September consumer Q/A segment, ‘The Situation’.

Urmi once again asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market.

This month, we hear from a would-be upsizer wondering if they should buy before they sell, a condo rental owner who wonders if they will have to pay tax if they move in themselves and a frustrated young buyer wonders how this generation will ever caught up to previous generations when it comes to home ownership and retirement.

How to watch?

  • Watch the video above, just click the "play" button
  • Go to the Move Smartly YouTube channel to watch there and see full show notes/contact info there
  • Listen to this episode when available on the Move Smartly podcast (New episodes drop Tuesdays)

If you would like to send in your questions to be featured on a future episode, please email me at askjohn@movesmartly.com

If you have a more specific or particular real estate situation to discuss with me and my agents at Realosophy Realty, connect with us at movesmartly.com/meetjohn

John Pasalis is President of Realosophy Realty. A specialist in real estate data analysis, John’s research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been utilized by the Bank of Canada, the Canadian Mortgage and Housing Corporation (CMHC) and the International Monetary Fund (IMF).

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