{"id":3075,"date":"2024-05-04T10:06:01","date_gmt":"2024-05-04T14:06:01","guid":{"rendered":"https:\/\/www.louisdesrochers.com\/?p=3075"},"modified":"2024-05-04T16:02:31","modified_gmt":"2024-05-04T20:02:31","slug":"real-estate-and-capital-gains-what-changes-with-the-new-law","status":"publish","type":"post","link":"https:\/\/www.louisdesrochers.com\/en\/real-estate-and-capital-gains-what-changes-with-the-new-law\/","title":{"rendered":"Real estate and capital gains: what changes with the new law"},"content":{"rendered":"<h5 id=\"tw-target-text\" class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\" aria-label=\"Translated text\" data-ved=\"2ahUKEwjO2vrGve-FAxUD48kDHRxLDkIQ3ewLegQIBhAU\"><span class=\"Y2IQFc\" lang=\"en\">While the world of real estate is often in flux, a new capital gains law promises to redefine the rules of the game for rental property owners, sparking both concern and mobilization within the real estate community.<\/span><\/h5>\n<p>&nbsp;<\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\" aria-label=\"Translated text\" data-ved=\"2ahUKEwjO2vrGve-FAxUD48kDHRxLDkIQ3ewLegQIBhAU\"><strong><span class=\"Y2IQFc\" lang=\"en\"> New capital gains regulations <\/span><\/strong><\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\" aria-label=\"Translated text\" data-ved=\"2ahUKEwjO2vrGve-FAxUD48kDHRxLDkIQ3ewLegQIBhAU\"><span class=\"Y2IQFc\" lang=\"en\">Impact and costs with the approach of the new capital gains law, rental property owners are on alert. As of June 25, the capital gains inclusion rate will increase from 50% to 66% for profits exceeding $250,000. This measure could significantly increase costs for real estate investors.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\" aria-label=\"Translated text\" data-ved=\"2ahUKEwjO2vrGve-FAxUD48kDHRxLDkIQ3ewLegQIBhAU\"><strong><span class=\"Y2IQFc\" lang=\"en\"><a href=\"https:\/\/www.corpiq.com\/en\/\" target=\"_blank\" rel=\"noopener\">CORPIQ<\/a> is mobilizing <\/span><\/strong><\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\" aria-label=\"Translated text\" data-ved=\"2ahUKEwjO2vrGve-FAxUD48kDHRxLDkIQ3ewLegQIBhAU\"><span class=\"Y2IQFc\" lang=\"en\">A petition for plexes in the face of this reform, <a href=\"https:\/\/www.corpiq.com\/en\/\" target=\"_blank\" rel=\"noopener\">CORPIQ<\/a> launched a petition gathering more than 22,000 signatures, requesting an exemption for plex owners. This initiative aims to protect small investors and avoid additional financial burden.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\" aria-label=\"Translated text\" data-ved=\"2ahUKEwjO2vrGve-FAxUD48kDHRxLDkIQ3ewLegQIBhAU\"><strong><span class=\"Y2IQFc\" lang=\"en\">A controversial reform <\/span><\/strong><\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\" aria-label=\"Translated text\" data-ved=\"2ahUKEwjO2vrGve-FAxUD48kDHRxLDkIQ3ewLegQIBhAU\"><span class=\"Y2IQFc\" lang=\"en\">Who will really be affected? Some critics see this reform as an attack on the middle class rather than a measure targeting the wealthiest. The fear is that owners of small and medium-sized structures will be the most affected, unlike large fortunes.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\" aria-label=\"Translated text\" data-ved=\"2ahUKEwjO2vrGve-FAxUD48kDHRxLDkIQ3ewLegQIBhAU\"><strong><span class=\"Y2IQFc\" lang=\"en\">Immediate effect <\/span><\/strong><\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\" aria-label=\"Translated text\" data-ved=\"2ahUKEwjO2vrGve-FAxUD48kDHRxLDkIQ3ewLegQIBhAU\"><span class=\"Y2IQFc\" lang=\"en\">A race against time for notaries. Notaries are overwhelmed by requests for real estate transactions, with investors seeking to complete sales before the law comes into force. This rush could have repercussions on the real estate market in the short term.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"tw-data-text tw-text-large tw-ta\" dir=\"ltr\" data-placeholder=\"Translation\" aria-label=\"Translated text\" data-ved=\"2ahUKEwjO2vrGve-FAxUD48kDHRxLDkIQ3ewLegQIBhAU\"><span class=\"Y2IQFc\" lang=\"en\">Towards a Concentration of the Real Estate Market? Finally, this legislative change could unintentionally encourage the acquisition of buildings by large corporations, thus modifying the ownership structure of the real estate market.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While the world of real estate is often in flux, a new capital gains law promises to redefine the rules of the game for rental property owners, sparking both concern and mobilization within the real estate community. &nbsp; New capital gains regulations Impact and costs with the approach of the new capital gains law, rental [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3067,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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