BC Flipping Tax
Did you know that on January 1, 2025, the BC provincial government introduced a new tax on property flipping?
This follows changes made by the Federal Government to the Income Tax Act a couple of years ago.
Are you interested to know if the BC flipping applies to you, and whether you’re eligible for any tax credits or exemptions from the tax?
Well, have a look at our latest video where I discuss some of the basics of flipping taxes.