n the dynamic realm of real estate, potential buyers, sellers, and investors in British Columbia must be well-versed in the intricacies of taxation to make informed decisions. Various taxes can impact real estate transactions, shaping the financial landscape for both individuals and businesses. In this blog, we will delve into the key taxes that may affect real estate transactions in British Columbia.
[NEW] Flipping Tax
Starting in 2025, the BC Home Flipping Tax is a 20 per cent tax on the gain from...