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New Tax on Flipping Homes In Around Town

New Tax on Flipping Homes In Around Town

by Kenzie Andrews | Mar 21, 2024 | BC Government, Flipping Tax

As of January 1, 2025, profits on residential properties sold within two years of their purchase will be subject to a new BC tax. The 2024 BC provincial budget includes a proposed flipping tax that if passed would apply to residential properties sold less than two...

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