weekly vlog in Ottawa, weekend at the lake, festival with friends 

My husband is a realtor - he said that you would pay capital gains on only the amount it goes up from when you move out to when you sell. So, if you move out tomorrow, and sell in 2 years... if market value changes in that time and your unit is worth '40,000 more' in that time... you pay tax only on that amount, not the total. Hope that makes sense.

I say “I’m just a girl” to myself multiple times a day haha! Ok sooo Ottawa is on my to visit list now, looks so fun! ✨

This looked like a lot of fun! Thanks for sharing!! And hugs to Tika!! 😊😍☺️❤️🥰🌴☀️🦩❤️🥰❤️🥰

Pretty much homebound...I live vicariously thru you! Been a longtime subscriber but rarely comment !❤

You and your friends look sooo good! ARM GOALS 🩶😌💪🏻

All the summer vibes in this video 🩷

I am a recent follower and your vlogs bring me so much joy ❤

I LOVE the green nails 💚

Hope you enjoyed Ottawa! I love it here 😊

Hello Melissa and Laura! Thumb up travel and party! Have a beautiful summer. Bye. Rudi.

omg LOVE the chainsmokers thats so sick they still performed!

You have to pay a penalty to get out of your mortgage regardless of if it’s fixed or variable. We were on a 5 year variable, sold at like 3 years and had to pay like $3k mortgage penalty 🤷🏻‍♀️we made so much money it didn’t phase me. But I definitely wouldn’t want to pay capital gains!

we also have Giant Tiger in Saskatchewan lol

Love this one!❤

If you rent it then decide to sell, you would have to go back and live in it for one year in order to avoid the capital gains tax then sell

Wait I'm in shock she actually filmed when she went out

Your friends seem a lot of fun! ❤

Such a cute trip!

Giant tiger is in Nova Scotia too

This was a fun vlog 💕

variable and fixed are the interest rate, the term is the length of the contract; you could have been on a three year term and variable rate and still have to pay to break the mortgage contract; you should have gone on an open mortgage for a term but the rate would be high (obviously you didn’t know you were moving then). When I was selling it was 9% rate for a 6 month open term through national bank, I was in a pinch with a job move so didn’t have time to shop rates. I never understood it when I first bought but I hate paying interest without an exit plan so decided either to hate it and avoid understanding it or to learn it to stop paying more money to things I never see 😂

If this is your first property you should have to pay capital gains. You can always move back in before selling it

❤

There is a Giant Tiger on 17 ave SE in Calgary

You would need to own a second property for your primary residence to be considered an investment property. But don't quote me on that. lol.

Loved the vlog 🫶 Where do you get your necklace from? It’s so simple and pretty! Love it 😻

You only pay capital gains on the years it was a rental!

The Arabic music in your Uber 😂 love it

Good vlog. good life.

As far as I understand you will pay a capital gains tax if you rent out your primary residence. That being said, the penalty on breaking your mortgage term is usually not a small fee either. I would definitely talk to an accountant to find the best option for you.

🌟🌟💕💕

Lookup for section 45(2) election. You don’t have to pay Capital gains tax in that case!

can you share what you do for your skin?

There are no eggs in this video LOL LOL

Get your place appraised before you rent it out again.

Get advices from financial advisors. I have a great financial advisor and he saves my life because it could be so complicated!

Do not record while driving 😮 for your own and other’s safety.

Giant Tigers are all over Canada minus BC lol in case you ever are in AB or something!