| Recent Blog Posts by Kelvin MacInnis | ||
Property Ownership on PEIOwning Property on PEI
Property owners who are non-residents of Prince Edward Island can save some money on their tax bill if they take some time to review how the taxes are billed. Non-resident taxes are often referred to as “double taxes”. This was true in the beginning, but no longer holds true. The actual fact is, non-residents ...
Posted by Kelvin MacInnis
on September 14, 2009
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PEI Property Purchase by a Non-residentPEI Property Purchase by a Non-resident
There are some things you should know in preparing to purchase a property on Prince Edward Island. Some definitions are a good place to start.
Non-resident – An individual who resides on PEI for less than 181 days out of the calendar year, and does not declare PEI, as their place of residence, for income tax purposes.
IRAC (Island Regulatory ...
Posted by Kelvin MacInnis
on August 14, 2009
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