![](https://s.realtyninja.com/static/media/med/5759_7e02b214_Screen_Shot_2024-03-04_at_9.56.15_AM.png)
The BC government is introducing a new tax aimed at people who buy and sell homes within a short period, specifically less than 2 years. This tax is designed to discourage people from quickly flipping houses for profit and is separate from any existing federal rules about property flipping. Here's how it breaks down:
The tax kicks in for properties...