Axess LawToronto, ON · January 14, 2025Breaking Down BC’s New Anti-Flipping Tax Rules
Attention British Columbia Homeowners and Real Estate Investors! Starting January 1, 2025, British Columbia has implemented a new Home Flipping Tax aimed at curbing speculative real estate practices. Key Details: Tax Rate: Anyone who sells a home within a year of purchasing it will have to pay a 20% tax rate on the profit. The...
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