Premier David Eby has been clear that speculators are in his crosshairs, and with the 2024 budget his government has announced details of a new 'BC Home Flipping Tax.'
  • tsonfeir
    6·
    4 months ago

    For every house beyond 2 houses, it taxes all of your houses 20% of the value of the house per year.

    3 houses: 20% each

    4 houses: 40% each

    5 houses: 60% each… and so on.