Death of the Single Family Lot in BC
Posted on Jul 10, 2024 in Resources
BC's housing landscape is evolving with the introduction of small-scale, multi-unit housing, aimed at providing attainable options for middle-income families. These housing types include secondary suites, detached accessory dwelling units (ADUs) like garden suites or laneway homes, triplexes, townhomes, and house-plexes. These forms of housing are...
Reminder: Property Tax & Home Owners Grant for July 2024
Posted on Jun 26, 2024 in Resources
Don't Miss Your 2024 Property Tax Deadline!
Hello everyone! Just a quick yet crucial reminder for all property owners out there — 2024 property taxes are due very soon! It’s that time of the year to fulfill one of our key responsibilities as homeowners. Ensuring your property taxes are paid on time not only keeps you penalty-free but also helps in m...
4 Key Reasons Why Home Staging is a Must for Selling Your Home
Posted on May 21, 2024 in Resources
When it comes to selling your home, first impressions are everything. You want potential buyers to walk in and immediately feel like they could live there. That's where home staging comes in! Not convinced yet? Let's dive into four key reasons why home staging is an essential step in the selling process.
1. Make a Great First Impression 👀
Imagine wal...
BC Landlords, LISTEN UP: Crucial Tenancy Act Changes!
Posted on May 04, 2024 in Resources
📣 BC Landlords, LISTEN UP!
The recent amendments to the BC Residential Tenancy Act herald a new era of strengthened protections for renters, which are crucial for every landlord to understand and integrate into their property management practices. Here’s a concise overview of the key changes:
🚸 Protection for Growing Families
A significant amendment i...
Capital Gains Taxes are Increasing
Posted on May 02, 2024 in Resources
TL;DR
- Current Taxation: Right now, 50% of your capital gains are taxable.
- New Proposal: The inclusion rate is set to jump to 66.67% for high-value gains and for all corporations and trusts.
- Effective Date: Mark your calendar for June 25, 2024.
Canada's 2024 federal budget is bringing significant changes to capital gains taxes. Let's dive into what thes...
Key Updates on Property Transfer Tax Exemptions in Vancouver
Posted on Mar 21, 2024 in Resources
Key Updates on Property Transfer Tax Exemptions in Vancouver
Significant changes to the Property Transfer Tax (PTT) exemptions have been announced, effective from April 1, 2024, and they're set to make a big impact on the BC real estate market.
First Time Home Buyers Exemption: The threshold for PTT exemption has been raised substantially. Previously...
