• BC's 2024 Budget: New Housing Initiatives Benefit First Time Homebuyers, Target Speculators,Amir Kaz

    BC's 2024 Budget: New Housing Initiatives Benefit First Time Homebuyers, Target Speculators

    In British Columbia's 2024 budget, significant housing initiatives have been introduced to support first-time homebuyers and crack down on speculators.  House-Flipping Tax Starting in 2025, BC will implement a "home-flipping tax" to deter quick property sales. Sellers face a 20% tax on profits if th

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  •  Exploring the BC Home Buyer Rescission Period,Amir Kaz

    Exploring the BC Home Buyer Rescission Period

        The British Columbia Home Buyer Rescission Period (HBPR), commonly known as the "Cooling Off Period," emerged as a fresh regulatory framework in British Columbia, commencing its impact on January 3, 2023. This innovative regulation grants homebuyers a distinctive three-day timeframe to reevaluat

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