client sold his home privately, can a house evaluation done by a professional company be claimed in the moving expenses on T1M ?

Answer

Not quite certain what a "House Evaluation" is, there are Home Inspections and there are Appraisals.  Usually these are costs born by the purchasor.  However when one eschews the advice of a professional (i.e. Real Estate Agent) one can expect to achieve sub-optimal results and/or pay for things that one ought not.

If you can convince yourself (and CRA if it comes to their focus) that it is a cost of selling the home then according to their website it should qualify as a deductible expense for "Moving Expenses".

http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns206-236/219/xpnss-eng.html

The other conditions of deductibility of a move must still be satisfied (i.e. normal place of residence, moved 40 Km closer (by the shortest usual public route), and earned income at the new location).

You might try a google search... that's how I found the answer.

Was this answer helpful? Yes No

No answers have been posted

More Actions

People come to ProFile for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach: