by Amy Rozier | Apr 11, 2018 | Legislation
Tax deferment is a low interest loan program that helps qualified B.C. homeowners pay their annual property taxes on their principal residence. Here’s how it works: Receive your annual property tax notice Confirm you qualify for one of the tax deferment programs...
by Amy Rozier | Apr 11, 2018 | Legislation
The 2018 BC Budget was just announced introducing new taxes for real estate. They are: Foreign Buyer Tax – Effective Feb. 21, 2018, the foreign buyer tax will increase to 20 per cent (from 15 per cent) and will be extended to the Fraser Valley, Capital, Nanaimo,...
by Amy Rozier | Apr 8, 2018 | Legislation
B.C. Speculation Tax Urban centres throughout the province are in a housing crisis. Rents and home prices have surged past local incomes and, in many communities, vacancy rates sit close to 0%. Speculation has contributed to runaway prices and made it difficult for...
