Here is an interesting article from the Globe & Mail about keeping your cottage in the family, and how to deal with the tax implications.

http://www.theglobeandmail.com/globe-investor/personal-finance/taxes/three-ways-to-keep-the-cottage-in-the-family-and-the-taxman-at-bay/article25404902/?click=sf_globefb

Be sure to enjoy cottage living, and be sure to contact me for your Buying and Selling requirements!

Gary