Paletta v. The Queen, 2019 TCC 205, aff'd 2021 FCA 182 -- attach -- Real Estate
rental revenues were incidental to secondary intention save for land with 25-year hold
Real Estate
Rochefort v. Agence du revenu du Québec, 2019 QCCQ 2660 (Court of Quebec) -- attach -- Real Estate
quick flip of a development property occurred on capital account
Moluch v. Minister of National Revenue, 66 DTC 5463 (Ex Ct) -- attach -- Real Estate
conversion of bush lot into fully serviced housing lots was a business – cf. if merely subdivided
Les Développements Iberville Ltée v. Agence du Revenu du Québec, 2018 QCCA 1886 (Quebec Court of Appeal) -- attach -- Real Estate
property bifurcated between capital and income portion on acquisition
20 January 2015 External T.I. 2014-0560961E5 - Treatment of creditor that has seized property -- attach -- Real Estate
general principles apply to gain on sale of foreclosed property
10 March 2015 External T.I. 2014-0552551E5 F - Vente du droit d'exploiter une sablière -- attach -- Real Estate
application of capital gains criteria on woodlots to sale of rights to extract sand
Francoeur v. Agence du revenu du Québec, 2016 QCCQ 11906 -- attach -- Real Estate
somewhat quick flip by a builder was eligible for the principal residence exemption
30 March 2016 External T.I. 2016-0629701E5 F - bump-up 88(1)(d) -- attach -- Real Estate
land developer accesses capital property status of land held in acquired subsidiary
Real Estate - Commentary
Indicia of "adventure"/significance of intention
Peluso v. The Queen, 2012 DTC 1166 [at at 3408], 2012 TCC 153 -- attach -- Real Estate
decision to sell rather than develop did not effect conversion from inventory to capital property
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