B.C.’s Speculation and Vacancy Tax
A new year, a new tax! If you own a residential property in BC, this will affect you. It is called the Speculation & Vacancy Tax.
Read MoreThe Empty Homes Tax
Alert, Vancouverites! There is a new tax you need to worry about – the Empty Homes Tax!
Read MoreAdditional Property Transfer Tax
The most significant new real estate tax in the last few years has to be the Additional Property Transfer Tax.
Read MoreRecent Changes to the Property Transfer Tax
The tax one must always consider when purchasing or acquiring any real estate in BC is the Property Transfer Tax. For our previous post on the subject, please click HERE
Read MorePrepayment Penalties on Mortgages
When determining the type of mortgage that is best suited for you, one factor to consider is the Prepayment Penalty.
Read MoreGoods and Services Tax
When buying a newly built or substantially renovated home, one tax to consider is the GST.
Read MoreStrata Owners – When do you need to pay the strata’s deductible?
Generally, if something breaks in your strata lot – like a pipe, toilet or appliance – and it causes damage that is covered by the strata’s insurance, then you as the owner will be on the hook to pay the strata’s deductible. All the strata needs to prove is that you were ‘responsible’ for the damage. The bar to prove ‘responsibility’ is very low and more often than not you will be found responsible for any damage emanating from your suite.
Read MoreProperty Transfer Tax – Newly Built Home Exemption
The tax one must always consider when purchasing or acquiring any real estate in BC is the Property Transfer Tax. For more information about what it is and how it is calculated, click on the following link:
Read MoreReal Estate: Doctrine of Caveat Emptor
Are you considering purchasing or selling a single-family home, townhouse, condo, or other real property?
Read MoreProperty Transfer Tax for First Time Homebuyers
The tax one must always consider when purchasing or acquiring any real estate in BC is the Property Transfer Tax. For more information about what it is and how it is calculated, click on the following link:
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