Posts Tagged: House-Flipping Tax

Flipping A House? B.C. To Introduce House-Flipping Tax

Flipping A House? B.C. To Introduce House-Flipping Tax Effective as of January 1, 2023, the new residential anti-flipping tax rule came into effect in Canada according to which all flipped properties profits are subject to full income inclusion. The primary goal of this law is to combat excessive price growth in the housing market. It uses

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Disclaimer: This information does not replace the advice of a tax professional.

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