[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.] #  @gauravsoodtiktok Gaurav Sood Gaurav Sood posts on TikTok about if you, canada, money, capital gains the most. They currently have XXXXXX followers and XX posts still getting attention that total XXXXX engagements in the last XX hours. ### Engagements: XXXXX [#](/creator/tiktok::7425474845930439685/interactions)  - X Week XXXXXX -XX% - X Month XXXXXXXXX +10,527% - X Months XXXXXXXXX +219,058% ### Mentions: X [#](/creator/tiktok::7425474845930439685/posts_active)  - X Week XX -XX% - X Month XX -XXXX% - X Months XX +300% ### Followers: XXXXXX [#](/creator/tiktok::7425474845930439685/followers)  - X Week XXXXXX +0.34% - X Month XXXXXX +5.70% - X Months XXXXXX +145,820% ### CreatorRank: XXXXXXXXX [#](/creator/tiktok::7425474845930439685/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) [countries](/list/countries) **Social topic influence** [if you](/topic/if-you), [canada](/topic/canada) #2446, [money](/topic/money), [capital gains](/topic/capital-gains) #66, [finance](/topic/finance), [the smarter](/topic/the-smarter), [code](/topic/code), [drop the](/topic/drop-the), [the good](/topic/the-good), [gain](/topic/gain) **Top accounts mentioned or mentioned by** [@tanya](/creator/undefined) [@amit](/creator/undefined) ### Top Social Posts Top posts by engagements in the last XX hours "Most Canadians never get told this part of the tax code. When someone passes away the full value of their RRSP or RRIF is treated as income on the terminal return. This is why families often see a large final tax bill. This happens under: Section XXX subsection XXX of the Income Tax Act Section XXXXX subsection X of the Income Tax Act But the tax code also provides an alternative. If a registered charity is named as the direct beneficiary of the RRSP or RRIF the entire value of the account is treated as a charitable gift. This is governed by: Section XXXXX of the Income Tax Act The estate" [TikTok Link](https://www.tiktok.com/@gauravsoodtiktok/video/7576457433229446407) 2025-11-25T00:44Z 21.9K followers, 34.5K engagements "assuming its a brand new packet of sterile gloves 🧤" [TikTok Link](https://www.tiktok.com/@jokemeli/video/7543052147525537079) 2025-08-27T00:15Z X followers, 484.6K engagements "Stop losing money on your car. Its not what you buy its how you buy it. Most people lease finance or buy outright. And they all feel broke. Heres the smarter way 💡 #CarBuyingHack #LeaseVsFinance #MoneyTalks #FinanceTikTok #SmartMoneyMoves #HowToBuyACar #CanadaFinance #AssetBackedStrategy #PersonalFinanceTips #GICTips" [TikTok Link](https://www.tiktok.com/@gauravsoodtiktok/video/7516771733051903238) 2025-06-17T04:33Z 21.9K followers, 1.1M engagements "Tax Code Drop The Truth About Trusts Move it into a trust you wont pay taxes. Sounds clever until you read the Income Tax Act. When you transfer property into a trust CRA treats it as if you sold it to another person the trust. Thats under Section 73(1). If your home or investments have gone up in value you owe capital-gains tax right then. After that growth inside the trust is tax-deferred not tax-free. Under Section 104(4) every trust in Canada is deemed to sell all its property at fair-market value every XX years. Even if nothing sells CRA taxes the gain. You cant roll it into a new trust" [TikTok Link](https://www.tiktok.com/@gauravsoodtiktok/video/7571536334603439368) 2025-11-11T18:28Z 21.9K followers, 39.3K engagements "Replying to @Amit A lot of people think selling a property and gifting the money to their kids avoids tax but thats only half the story. When you sell the capital gains tax is triggered right away and CRA still treats that as a taxable event for the parent. The good news is there are smarter ways to plan when and how that tax shows up. In this video Im breaking down four practical strategies families can use to manage reduce or prepare for the tax impact: X Triggering the gain now to lock in todays value X Using life insurance to create liquidity for future tax X Considering an estate freeze" [TikTok Link](https://www.tiktok.com/@gauravsoodtiktok/video/7571932590601407762) 2025-11-12T20:05Z 21.9K followers, 8662 engagements "Most people think selling a rental property is simple. You bought for $500000 and sold for $600000 so the gain should be $100000. But thats not how the tax rules work. If you claimed CCA (Capital Cost Allowance) over the years your UCC (Undepreciated Capital Cost) goes down. When you sell the CRA compares your sale price to your UCC not to what you originally paid. The CCA you claimed gets added back as recapture and recapture is fully taxable as regular income. Only the amount above your original cost is treated as a capital gain and only XX percent of that portion is taxable. Relevant" [TikTok Link](https://www.tiktok.com/@gauravsoodtiktok/video/7575342892869373192) 2025-11-22T00:39Z 21.9K followers, 25.8K engagements "Most first-generation Canadians dont realize this: the biggest tax bill of your life doesnt hit while youre alive. It hits the moment everything you own transfers to your kids. Under Section XX subsection X of the Income Tax Act Canada treats you as if you sold all your assets the night before you pass away. Your investments rental properties corporations and non-registered accounts are all taxed at once on your final return. Thats why so many families get blindsided. Where many of us come from theres no inheritance tax so weve never experienced this part of wealth transfer. In Canada estate" [TikTok Link](https://www.tiktok.com/@gauravsoodtiktok/video/7577603991257828616) 2025-11-28T02:53Z 21.9K followers, 5277 engagements "Every January Canada updates its tax numbers through indexation. That means your RRSP room TFSA room tax brackets CPP EI and more may have changed for 2026. These numbers matter because missing them means missing free tax space. If you want to verify your personal RRSP room log into your CRA My Account or check your latest Notice of Assessment. CRA RRSP limit info: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/contributing-a-rrsp-prpp/where-you-find-your-rrsp-prpp-deduction-limit.html CRA My Account login:" [TikTok Link](https://www.tiktok.com/@gauravsoodtiktok/video/7577950273792986375) 2025-11-29T01:17Z 21.9K followers, 7838 engagements "The Tax-Free Savings Account (TFSA) is one of the most flexible tax-advantaged accounts in Canada. Here are the key rules and tax provisions that Canadians should understand. All income dividends capital gains and overall growth earned inside a TFSA are not taxable under Income Tax Act section XXXXX. Withdrawals are not included in income under section 146.2(6) which is why TFSA withdrawals do not affect the Old Age Security recovery tax under section XXXXX and do not affect Guaranteed Income Supplement calculations under the Old Age Security Act. TFSA eligibility is based on Canadian tax" [TikTok Link](https://www.tiktok.com/@gauravsoodtiktok/video/7580240607415782674) 2025-12-05T05:25Z 21.9K followers, 5461 engagements
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
@gauravsoodtiktok Gaurav Sood
Gaurav Sood posts on TikTok about if you, canada, money, capital gains the most. They currently have XXXXXX followers and XX posts still getting attention that total XXXXX engagements in the last XX hours.
Engagements: XXXXX #
- X Week XXXXXX -XX%
- X Month XXXXXXXXX +10,527%
- X Months XXXXXXXXX +219,058%
Mentions: X #
- X Week XX -XX%
- X Month XX -XXXX%
- X Months XX +300%
Followers: XXXXXX #
- X Week XXXXXX +0.34%
- X Month XXXXXX +5.70%
- X Months XXXXXX +145,820%
CreatorRank: XXXXXXXXX #
Social Influence
Social category influence finance countries
Social topic influence if you, canada #2446, money, capital gains #66, finance, the smarter, code, drop the, the good, gain
Top accounts mentioned or mentioned by @tanya @amit
Top Social Posts
Top posts by engagements in the last XX hours
"Most Canadians never get told this part of the tax code. When someone passes away the full value of their RRSP or RRIF is treated as income on the terminal return. This is why families often see a large final tax bill. This happens under: Section XXX subsection XXX of the Income Tax Act Section XXXXX subsection X of the Income Tax Act But the tax code also provides an alternative. If a registered charity is named as the direct beneficiary of the RRSP or RRIF the entire value of the account is treated as a charitable gift. This is governed by: Section XXXXX of the Income Tax Act The estate"
TikTok Link 2025-11-25T00:44Z 21.9K followers, 34.5K engagements
"assuming its a brand new packet of sterile gloves 🧤"
TikTok Link 2025-08-27T00:15Z X followers, 484.6K engagements
"Stop losing money on your car. Its not what you buy its how you buy it. Most people lease finance or buy outright. And they all feel broke. Heres the smarter way 💡 #CarBuyingHack #LeaseVsFinance #MoneyTalks #FinanceTikTok #SmartMoneyMoves #HowToBuyACar #CanadaFinance #AssetBackedStrategy #PersonalFinanceTips #GICTips"
TikTok Link 2025-06-17T04:33Z 21.9K followers, 1.1M engagements
"Tax Code Drop The Truth About Trusts Move it into a trust you wont pay taxes. Sounds clever until you read the Income Tax Act. When you transfer property into a trust CRA treats it as if you sold it to another person the trust. Thats under Section 73(1). If your home or investments have gone up in value you owe capital-gains tax right then. After that growth inside the trust is tax-deferred not tax-free. Under Section 104(4) every trust in Canada is deemed to sell all its property at fair-market value every XX years. Even if nothing sells CRA taxes the gain. You cant roll it into a new trust"
TikTok Link 2025-11-11T18:28Z 21.9K followers, 39.3K engagements
"Replying to @Amit A lot of people think selling a property and gifting the money to their kids avoids tax but thats only half the story. When you sell the capital gains tax is triggered right away and CRA still treats that as a taxable event for the parent. The good news is there are smarter ways to plan when and how that tax shows up. In this video Im breaking down four practical strategies families can use to manage reduce or prepare for the tax impact: X Triggering the gain now to lock in todays value X Using life insurance to create liquidity for future tax X Considering an estate freeze"
TikTok Link 2025-11-12T20:05Z 21.9K followers, 8662 engagements
"Most people think selling a rental property is simple. You bought for $500000 and sold for $600000 so the gain should be $100000. But thats not how the tax rules work. If you claimed CCA (Capital Cost Allowance) over the years your UCC (Undepreciated Capital Cost) goes down. When you sell the CRA compares your sale price to your UCC not to what you originally paid. The CCA you claimed gets added back as recapture and recapture is fully taxable as regular income. Only the amount above your original cost is treated as a capital gain and only XX percent of that portion is taxable. Relevant"
TikTok Link 2025-11-22T00:39Z 21.9K followers, 25.8K engagements
"Most first-generation Canadians dont realize this: the biggest tax bill of your life doesnt hit while youre alive. It hits the moment everything you own transfers to your kids. Under Section XX subsection X of the Income Tax Act Canada treats you as if you sold all your assets the night before you pass away. Your investments rental properties corporations and non-registered accounts are all taxed at once on your final return. Thats why so many families get blindsided. Where many of us come from theres no inheritance tax so weve never experienced this part of wealth transfer. In Canada estate"
TikTok Link 2025-11-28T02:53Z 21.9K followers, 5277 engagements
"Every January Canada updates its tax numbers through indexation. That means your RRSP room TFSA room tax brackets CPP EI and more may have changed for 2026. These numbers matter because missing them means missing free tax space. If you want to verify your personal RRSP room log into your CRA My Account or check your latest Notice of Assessment. CRA RRSP limit info: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/contributing-a-rrsp-prpp/where-you-find-your-rrsp-prpp-deduction-limit.html CRA My Account login:"
TikTok Link 2025-11-29T01:17Z 21.9K followers, 7838 engagements
"The Tax-Free Savings Account (TFSA) is one of the most flexible tax-advantaged accounts in Canada. Here are the key rules and tax provisions that Canadians should understand. All income dividends capital gains and overall growth earned inside a TFSA are not taxable under Income Tax Act section XXXXX. Withdrawals are not included in income under section 146.2(6) which is why TFSA withdrawals do not affect the Old Age Security recovery tax under section XXXXX and do not affect Guaranteed Income Supplement calculations under the Old Age Security Act. TFSA eligibility is based on Canadian tax"
TikTok Link 2025-12-05T05:25Z 21.9K followers, 5461 engagements