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PeopleCan
Level 1

Designating a principal residence

I have filled out the T2091 and S3 but the capital gain is still showing up on the T1. What can you tell me about why this is happening? 

2 Comments 2
Jagdish Patel
Level 1

Designating a principal residence

I have the same question to Profile group

PeopleCan
Level 1

Designating a principal residence

I managed to figure out what I was doing wrong .You do not do the S3 for designation - you just use the designation details. I was using the S3 and getting a capital gain. Hope that helps. 


@Jagdish Patel wrote:

I have the same question to Profile group