How will I be taxed if I am in a joint property investment
We purchased around 600k and sold it this year around 960k. However, this is the only property I had around the world. So i put my address at this property in the past 3 years as my primary residence for tax as well (vehicle insurance is cheap as well). The other two owners' primary residence are in Toronto.
In the past 3 years, we rented out the property to students almost from day 1, and I was living with my parents in the 3 years.
So how will I be taxed in this case? Should I pay the 50% investment tax=360k/3*50%=60k?