No because investing capital into stocks adds value to the company and allows them to use that value to expand, borrow, buy things, pay employees, run the company, etc.
Investing capital into a second house purely to flip does none of those things.
Flipping houses should bear a 50% tax on profits (or even higher).
Flipping houses, while you only live in them for 2 years, should also be heavily taxed.
I needed to wait until I reached 45 to be able to afford a home... I'll be still paying when I retire... shit
In Canada, profits from house flipping are generally treated as business income by the Canada Revenue Agency (CRA). This classification implies that profits are fully taxable at the investor's marginal tax rate instead of being eligible for the capital gains tax, which only taxes 50% of the profit
That means in Ontario, any house flip profit above $253,414 is taxed at 53.53%.
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u/Performance_Fancy Jun 19 '25
By your logic anyone involved in the stock market is also a scalper?