Good advice.
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The most significant new real estate tax in the last few years has to be the Additional Property Transfer Tax. For more information on the traditional Property Transfer Tax, please click on the following link: http://www.dbmrealestatelaw.com/property-transfer-tax/ On February 20, 2018, the BC NDP Government’s Budget made some changes to the Property Transfer Tax. For more … Continued
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 But on February 20, 2018, the BC NDP Government’s Budget made some changes to the Property Transfer Tax. What is the Property Transfer Tax When … Continued
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: http://www.dbmrealestatelaw.com/property-transfer-tax/ A first time homebuyer may qualify for a complete or partial exemption of the property transfer tax. … Continued
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: http://www.dbmrealestatelaw.com/property-transfer-tax/ But a first time homebuyer may qualify for a complete or partial exemption of the property transfer … Continued
Effective August 2, 2016, an additional property transfer tax applies to residential property transfers to foreign entities in the Greater Vancouver Regional District. The Amount of the Additional Property Transfer Tax The additional tax on property transfers to foreign entities is 15% of the fair market value of the foreign entity’s proportionate share of a … Continued