September 2011

BC Property Transfer Tax - A Reminder

Posted on Sep 27, 2011 in Buying Your Home

There are costs and fees payable in any real estate transaction, no matter whether you are a buyer or seller of property. That's just lfe!

One of the larger financial considerations if you are a BUYER is to plan for the BC Property Transfer Tax.

In summary:

The tax rate is 1% on the first $200,000 of the fair market value of the property, plus 2% on t...

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