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 ResourcesTAXATION & RECREATIONAL PROPERTY Here is a growing compilation of links to credible taxation sources which explain many issues that financially affect both property & business owners. A focus has been made on the recreational real estate market. • Property Transfer Tax - Recreational property buyers must understand know... • GST for Home builders / Major Renovations - Knowledge can save you $'s • GST & Selling Vacant Land FAQ • GST Rental Rebate Program - Newly Purchased or Renovated Property to be Rented • BC Assessment - Understand your Property Taxes • Farmland Extension Program on Property Taxes • Capital Gains Guide - More Focused Links Below • Capital Gains & Your Principal Residence • Land Developers - Subdivision & Development Costs & Carrying Charges on Land Disclaimer: The above information and links are provided to give you a base understanding of the tax implication involved in buying selling and owning recreational property. Although the sources are accurate and credible it is recommended that a real estate accountant be consulted to verify and understand further as taxation laws change frequently and are affected by the individual circumstance. |
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Matt Cameron Recreational Real Estate Professional |
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