Designating a principal residence

You designate your home as your principal residence when you sell or are considered to have sold all or part of it. You can designate your home as your principal residence for all the years that you own and use it as your principal residence. However, in some situations, you may choose not to designate your home as your principal residence for one or more of those years.

Use Form T2091(IND), Designation of a Property as a Principal Residence by an Individual (Other Than a Personal Trust), to designate your property. A legal representative (executor, administrator, or a liquidator in Quebec) of a deceased person should use Form T1255, Designation of a Property as a Principal Residence by the Legal Representative of a Deceased Individual, to designate a property as a principle residence for the deceased.

If you have more than one residence, see Can you have more than one principal residence?.

For more information on completing Form T2091(IND), see Disposing of your principal residence.

Forms and publications

• Guide T4036, Rental Income
• Guide T4037, Capital Gains
• Form T2091(IND), Designation of a Property as a Principal Residence by an Individual (Other Than a Personal Trust)
• Form T1255, Designation of a Property as a Principal Residence by the Legal Representative of a Deceased Individual
• Schedule 3, Capital Gains (or Losses)
• Income Tax Folio S1-F3-C2, Principal Residence

Related topics

• Lines 12599 and 12600 – Rental income