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Property transfer tax (‘PTT') How will the HST mesh with B.C.'s Property Transfer Tax? PTT is paid on the fair market value of a property being transferred. Today, GST payable is deducted from the fair ma~-...

New residential rental property or Investor Rebate In 2000, the GST New Residential Rental Property Rebate (aka the GST Investor Rebate) was introduced for investors who buy or build new residential housing.  The HST will include a similar rebate, with the same monetary thresholds, tax rates and ...

1. Residential Tenancies : Exempt from HST.  i.e. Residential landlords can not claim HST .As a result landlords will face significantly higher cost under HST. 2. Realtor commission is subject to HST of 12%. 3. Mortgage broker Fee exempt form HST. so status quo applies, but I have heard Rumors of...

The number of properties listed for sale in Greater Vancouver continued to rise in May, while the number of sales showed a year-over-year decrease. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,156 in May 2010, a decline...

It seems beautiful summer has begun, and Farmers market season has already started in some places too! You will find local products which you usually don't see at the big stores. They are usually original, safe and healthy and environmentally friendly. We shop at the major big stores for grocerie...

The Greater Vancouver housing market experienced increased activity in Aprilthanks to a steady balance of home buyers and sellers entering the marketplace.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouvertotalled 3,512 in April 2010, t...

The City of Port Coquitlam has been celebrating May Day since 1923. This year's celebration has already begun on last Friday, April 30th, and it continues till next Sunday, May 9th. Fri. May 7th to Sun. May 9th, there will be amusement rides and games at Port Coquitlam Recreation Complex parking ...

Effective April 1, 2010, the Govern/ent of BC has re-opened LiveSmart BC incentive program that provides rebates for home energy upgrades completed before March 31, 2011. You need to get home energy audit before you begin home improvements.Contact a Certified Energy Advisor to assess your home. Y...

The first question to be answered is : should you appoint a real estate agent at all? The answer is undoubtedly yes! Despite the wealth of information that is available from sources such as the Internet, there is no substitute for the detailed local knowledge and experience that a good broker wil...

Are you planning to sell your home this spring & summer? Spring real estate market is here.  New listings for detached, attached and apartment properties in Greater Vancouver totaled 7,004 in March 2010. This represents a 60 % increase compared to March 2009, and a 52.1 % increase compared to Feb...