The Queen Elizabeth 2, or QE2 as she is commonly known was the flagship of the Cunard Line for nearly 40 years. QE2 made her maiden voyage in 1969 and was one of the last great Transatlantic liners. At 70,327 tons and 963 feet long with a top speed of 32.5 knots she is also one of the fastest and grandest passenger vessels ever built. QE2 is arguably the most famous liner in the world.
About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators. THE QEII HOME LOTTERY HAS SOLD OUT EARLY! Thank you for your incredible support. A complete list of winners will be available on this website on October 23, 2020. All winners will be notified in writing by MNP LLP as to what they have won and how to claim their prize (s).
Photo courtesy Reinhard Sylvester
QE2 has been docked permanently in Dubai since being sold in 2008. The ship finally opened as a hotel on 18 April 2018.
For information about the Queen Mary 2 see the QM2 web site
Out in April 2019, the long-awaited 4th edition of this definitive QE2 history. QE2: The Cunard Line Flagship, Queen Elizabeth 2 by Commodore Ronald Warwick and Sam Warwick. More information |
Maritime books by Sam Warwick
- Shipwrecks of the Cunard Line (with Mike Roussel)
- Shipwrecks of the P&O Line (with Mike Roussel)
- The Union-Castle Line - Sailing Like Clockwork (with Mike Roussel)
- QE2: The Cunard Line Flagship, Queen Elizabeth 2 (with Commodore Ronald Warwick)
Qe2 Cash Calendar
Please also visit www.linerwrecks.comQe2 Home Lottery Cash Calendar Fall 2020
Although lottery winnings aren't taxable in Canada, the owner of a lottery home may have to pay a capital gain tax if they choose to sell the house. Capital gain is the profit resulting from the selling of a capital asset (such as a house).
If the house is sold for more than it was worth upon taking ownership because of market changes, the rise in value would be considered a capital gain. If you did have an increase in value you would be expected to recognize the capital gain. Which means 50% of that increase in value would go into your income to be taxed. There is however a way to avoid the tax through the principle residence exemption, but only if the owner can prove the home was their primary residence. If you can make the argument that you were living in the house for a period of time and then sell it, you could theoretically use a principle residence exemption to absorb that appreciation over that period of time. However, moving into a home for six months and then selling it is less likely to qualify the seller for exemption.
Jeff Hansen, CA
Virtus Group Tax Manager
Virtus Group Tax Manager
Qeii Home Lottery Winners
Learn more about Living with a lottery home in the Leader Post article “Catching up with past winners”.