"So, you can basically sell all of the parts that you like without tax implications as long as the selling price is less than $1,000"...........If this were true in the US, id have retired 15 years ago
...Actually while it may or may not be a loophole in Canada to get that 1000.00 exemption as im not familiar with the tax code there , im certain if you utilize that loophole say 100 times a year with intent to avoid business income , you will find yourself on the losing end if you are audited.