Which of the following would NOT be a primary consideration for the Canada Revenue Agency when determining if a profit from a real estate sale is business income or a capital gain?

The Canada Revenue Agency considers several factors when determining if a profit from a real estate sale is classified as business income or a capital gain. Factors such as the number of real estate transactions completed, the seller's intent to resell the property for profit, the seller's use of personal expertise for profit, the duration of ownership, and the frequency of similar transactions by the seller are all primary considerations in making this determination.

However, the seller securing a substantial mortgage that had to be paid off is not typically a primary consideration for the Canada Revenue Agency in differentiating between business income and capital gains. While having a mortgage on the property may be a financial factor to consider, it is not a direct indicator of whether the profit should be treated as business income or a capital gain.