We understand the specialized markets in which you operate and provide tailored solutions to meet your unique business needs.
Our comprehensive suite of business services combines industry expertise, market knowledge and professional insights.
MNP is a leading national accounting, tax and business consulting firm in Canada.
Suite 2000, 330 5th Ave. S.W.
MNP careers are Different by Design. As an entrepreneurial firm, we truly believe there are no limits to where your career can go.
If you own your own home and also reside at the residence,
you may be able to take advantage of the Principal Residence
Exemption. What does this mean? Subject to meeting the
rules of your home qualifying as your principal residence, any
gains created upon the sale of your home will not be taxable.
This is an investment in real estate where gains are tax free!
In addition to the above, here are some other strategies related to a
home purchase you may want to consider:
There are also other considerations for those physicians who may own
multiple homes or have multiple uses for their home. As every situation
is unique and carries different tax consequences, it’s important to
review your specific situation with a knowledgeable and professional
With 16 locations throughout B.C. and more than 70 across
the country, MNP provides support to medical professionals at
all stages in their careers. Contact Don Murdoch, B.C. Leader,
Professional Services at 1.877.766.9735 or [email protected]
For more information about MNP’s Professional Services,
visit our website.
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