Client moved to a care home, family sold his principal res, then client died. Is the home still considered a principal residence or is care home the principal res?
The principal residence was sold at a loss, so there is no capital gain, I am wondering if there is a way to claim a capital loss. There doesn't seem to be a way on the T1255 on first glance. Any information would be appreciated. This is my first go round with principal residences upon a death.