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Taxes
What you need to know about BC's Speculation and Vacancy Tax
Friday, January 26, 2024
What you need to know about BC's Speculation and Vacancy Tax
Detailed information about BC's SVT and property exemptions. (4 minute read)
Taxes
Will I have to pay capital gains when I sell my house?
Thursday, September 7, 2023
Will I have to pay capital gains when I sell my house?
Read about the conditions required for paying capital gains, and what you need to do even if you don't have to pay. (2 minute read)
Taxes
Why do I have to pay property taxes on the house I’m buying?
Friday, September 1, 2023
Why do I have to pay property taxes on the house I’m buying?
Property taxes in BC are due the first business day after July 1. If you buy a home at another time, you may have to pay a share of the year to avoid a penalty.
Taxes
Empty Homes Tax put to good use – Vancouver creates affordable housing
Thursday, August 24, 2023
Empty Homes Tax put to good use – Vancouver creates affordable housing
Affordable housing projects in Vancouver received grants worth over $8.7 million, partially from Vancouver’s EHT. (1 minute read)
Legislation & Regulations
REBGV recommends policy changes to improve housing affordability and availability in BC
Tuesday, July 25, 2023
REBGV recommends policy changes to improve housing affordability and availability in BC
Read about the three tax-related recommendations REBGV made to the provincial government to ease housing. (3 minute read)
Taxes
Putting Property Transfer Tax revenue to work
Tuesday, June 27, 2023
Putting Property Transfer Tax revenue to work
Our recommendations to the provincial government on how the PTT can be used to help build more affordable homes. (2 minute read)
Taxes
BC speculation and vacancy tax expanded to Lions Bay, Squamish
Monday, June 12, 2023
BC speculation and vacancy tax expanded to Lions Bay, Squamish
Home owners in these newly taxable areas will need to declare in 2024. (2 minute read)
Taxes
Property taxes 101
Monday, June 5, 2023
Property taxes 101
Save money on your prooperty taxes with the Home Owner Grant. The threshold has recently increased. (3 minute read)
Home Ownership
PTT thresholds: REBGV makes housing affordability recommendations to province
Friday, June 17, 2022
PTT thresholds: REBGV makes housing affordability recommendations to province
REBGV made three recommendations for making home ownership more affordable during provincial consultations in June. (3 minute read)
Home Buying
Liberal leader Kevin Falcon’s plans to make housing more affordable
Wednesday, March 23, 2022
Liberal leader Kevin Falcon’s plans to make housing more affordable
Kevin Falcon plans to address zoning, red tape, and taxes he believes contribute to higher housing costs. (4 minute read)
Home Buying
What are the tax implications of buying a vacation home?
Monday, March 21, 2022
What are the tax implications of buying a vacation home?
Before buying a vacation property, be aware of tax implications and other vital considerations. (4 minute read)
Taxes
No SVT exemption for owners of vacant stratas
Friday, February 18, 2022
No SVT exemption for owners of vacant stratas
Owners of strata property in buildings with rental restrictions are no longer exempt from the BC Speculation and Vacancy Tax. (1 minute read)
Taxes
What are the tax implications of building a laneway house?
Thursday, April 8, 2021
What are the tax implications of building a laneway house?
Before building a laneway home or buying a property with one, you should understand the tax implications of doing so.
Market Trends
Buying or selling in a busy market? Here’s how you can make the transaction easier
Tuesday, March 9, 2021
Buying or selling in a busy market? Here’s how you can make the transaction easier
In a busy real estate market, homes are bought and sold at a faster pace than usual. This can create a sense of urgency that causes home prices to rise.
Taxes
All you need to know about Vancouver's Empty Homes Tax
Thursday, January 11, 2018
All you need to know about Vancouver's Empty Homes Tax
Each home owner will have received a property status declaration from the City to determine if their property is subject to the Empty Homes Tax.