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Moving Expenses


S L

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Hello S L,

Please see the note below as per the CRA.

Cost of selling your old home includes the following:

    advertising
    notary or legal fees  < ---- SEE BELOW *
    real estate commission
    mortgage penalty when the mortgage is paid off before maturity

*Note 

The cost of buying your new home includes legal or notary fees you paid to buy your new home, as well as any taxes paid (other than GST/HST) for the transfer or registration of title to the new home.

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-21900-moving-expenses/line-21900-expenses-you-deduct.html

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Thanks Geo123

I saw that direction from the CRA already (did some sleuthing before I sent in this help request) but it does not clear up my question because I am not clear on whether the Property Transfer Tax is considered a "tax paid for the transfer or registration of a new home." 

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