If you sell a property within 2 years you are subject to BC Home Flipping Tax - 20% which diminishes up to the 730days. Full details here: https://www2.gov.bc.ca/gov/content/taxes/income-taxes/bc-home-flipping-tax
Rob Johnson
Personal Real Estate Corporation
Let's discuss your next home sale or purchase, with no obligation.
robjohnsonrealtor@gmail.com
Office Address:
#118 - 3030 Lincoln Avenue
Coquitlam, BC, V3B 6B4
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