Hello
I'm just wondering how you plan to handle the newly extended coop tax abatement. As you know, the DoF is not what I call a very accurate organisation.
My questions:
1- Do you actively monitor who gets those tax credits? (as an example, a resident in their thirties in my building was suddenly given senior credits which we tried to block but keeps coming back)
2-Do you "transfer" those tax credits in one month? or spread them over a little to reduce the impact on income (is it legal?)
3-Now that those taxe credits will gradually be phased out, to owner occupied units only (primary tax return address) - what can we do with units occupied by a relative, estates, vacant units etc ... Many will be hurt by this.
Thanks for posting your thoughts and ideas.
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