We have changed our principal residence in 2023. While filing my 2023 taxes I answered "Yes" when asked in the interview "Did you Dispose of a property in 2023, that was your principal residence",
1. But technically I sold the one I was living in for last 10 years and bought another principal residence. Will this still be considered, Dispose of the principal residence?
2. What should I report under "Adjusted Cost Base" & Proceeds of Disposition". Will this be the same amount in both fields which I received from the sale of the property minus legal fees and real estate commission? or will this be the offer price in the sale deed?
3. The property was jointly owned by me & my spouse, should I fill out the same detail under my spouse too or software will do the rest if I only fill this info under mine?
4. Why there is no question about another principal residence I bought?
5. how do I do the property taxes for Provincial return, for two dwellings I owned during the same year? there is no option in the software to insert two addresses.
