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Trust 21-year deemed disposition appraisals in Toronto and the GTA
Most personal trusts are treated as having sold their capital property at fair market value every 21 years, which is a deemed disposition for tax purposes. An appraisal sets the value of real estate on the anniversary date.
How it works
We provide valuations for trusts that hold houses, cottages, rental property or land. Trustees should confirm the date and reporting with their accountant.
What we provide
- Value on the 21-year anniversary
- Real estate held in family and other personal trusts
- Support for the trust’s tax return
- Reports for trustees and accountants
What to send us
- The property address and the valuation date you need
- Your accountant’s or lawyer’s name, if they need the report
- Purchase or transfer documents, if you have them
This page is general information, not tax or legal advice. Tax rules change and depend on your situation, so confirm with your accountant or tax lawyer. We provide the property valuation only.
Common questions
What is the 21-year rule for trusts?
Many trusts are treated as having disposed of their capital property at fair market value every 21 years, so unrealized gains are taxed.
Do all trusts have a 21-year rule?
Not all trusts. Your accountant can tell you whether it applies to yours.
Areas we serve
We provide this service across Toronto, Peel, York, Halton, Durham and surrounding areas.
City of Toronto
Peel Region
York Region
Halton Region
Durham Region
Surrounding Areas
Request a quote
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If your request is urgent, please call us or email us directly and we will respond as soon as possible. Your request is kept confidential.
Phone: 416-728-1666
Email: Housevalue@iCloud.com