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How much tax payable when selling investment property?

The amount of capital and the taxation issues surrounding investment real estate is complex. The tax you will pay on the sale of an investment property will depend upon the proceeds of disposition (POD) (amount you receive from the sale price of the property) and the adjusted cost base (ACB) (price paid for the property plus costs associated with improvements) of the property. It will also depend on the marginal tax rate (tax paid on dollar of income).

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