I do not think anyone was expecting the penalty property transfer tax that is being debated in the house now. It will initially be set at 15% of the purchase price but only apply in Metro Vancouver I think it will collect a moderate amount of money, but will i

What is a tax proration? Today, Kevin Mitrick, an attorney with Spain, Spain, & Varnet P.C., joins me to answer that question. Kevin handles real estate law for both buyers and sellers. In our area, taxes are billed bi-annually and based off the previous y

Training video for MyDec Real Property Transfer Tax

Today’s viewer question is from a parent looking to add her daughter’s name to her house title and deed. She’s wondering how this type of property transfer could affect her property taxes. While the answer depends a lot on the specific laws in her jurisd