
There were significant changes with the BC Budget today affecting real estate. The Property Transfer Tax will be increased to 5% on the purchase price above $3,000,000 effective tomorrow, February 21, 2018, and the Foreign Buyer Tax has been increased from 15% to 20% as of tomorrow and expanded to areas outside of Metro Vancouver (Fraser Valley, Okanagan, Kamloops, Greater Victoria and Nanaimo Regional District).
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You never want to smell smoke in your home and realize there’s a fire. That’s why it is important to be diligent about fire safety. Experts recommend that homeowners be especially careful with the following common household items:
This week, the City of Vancouver will begin a phased approach to mailing out the Empty Home Tax Declarations to applicable Vancouver home owners. This form must be filled out and submitted to the city by February 2, 2018 and according to the city