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Editorial
Real Estate Board of Greater Vancouver issues statement on government reports on money laundering
Thursday, May 9, 2019
The BC government released reports today on the findings of two examinations into potential money laundering activities in the real estate market. Real Estate of Board of Greater Vancouver President Ashley Smith issued the following statement on the findings of these investigations.
Editorial
Real estate industry partners create anti-money laundering recommendations for government
Monday, April 15, 2019
The Real Estate Board of Greater Vancouver partnered with other organizations to submit joint recommendations to the provincial and federal governments on April 15, 2019 on how to strengthen anti-money laundering measures in our province.
Taxes
What you need to know about BC's Speculation and Vacancy Tax
Wednesday, February 6, 2019
The deadline to complete the annual declaration to claim an exemption for the provincial government's Speculation and Vacancy Tax is coming up on March 31.
Taxes
Why do I have to pay property taxes on the house I’m buying?
Wednesday, December 12, 2018
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
Will I have to pay capital gains when I sell my house?
Wednesday, December 12, 2018
Capital gains taxes, first introduced in 1972, are charged on the difference between what you paid for an asset – for example, a stock, and what you sold it for.
Taxes
Putting Property Transfer Tax Revenue to Work
Monday, November 19, 2018
Metro Vancouver’s population is forecast to grow by 35,000 new residents each year, reaching 3.4 million by 2040. Supply problems will continue to escalate because of increasing population. To help solve this, we suggest putting the forecast $1.875 billion in PTT revenue to work.