Even when your home sale is tax-free, the CRA now requires you to report it. We handle the principal residence designation on the T2091 so your exemption is claimed correctly and your sale is reported as required.
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4:5 imageSince 2016, the sale of a principal residence must be reported on your tax return even if the full gain is exempt. Getting the principal residence designation right — especially if you've owned more than one property or rented part of your home — protects your exemption and avoids problems later.
We complete the T2091 principal residence designation for your return.
ExemptionWe calculate the exempt portion when the rules are more complex.
MultipleOwned a cottage or second home? We optimize which years apply.
RentalSpecial handling when part of your home was rented or changed use.
A clear, low-stress process — in person, by drop-off, or fully remote.
We confirm ownership history and any change-of-use issues.
We work out the exempt portion and any taxable gain.
We complete the T2091 designation correctly.
We include it on your return as the CRA requires.
Yes. Since 2016 the CRA requires you to report the sale of a principal residence and claim the designation, even when the entire gain is exempt.
Form T2091 is used by individuals to designate a property as a principal residence and calculate any exemption when reporting a sale.
You can only designate one property as your principal residence per year. When you've owned more than one, we determine the allocation that gives the best result.
Renting part of your home or a change in use can affect the exemption. We handle these situations carefully to report them correctly.
Failing to report can lead to penalties and the loss of the exemption. Reporting properly the first time avoids these issues.
Serving individuals and families across Durham Region: Oshawa · Whitby · Ajax · Pickering · Courtice · Bowmanville · Clarington · Newcastle · Port Perry · Uxbridge.
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