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Updated about 9 years ago on . Most recent reply

Jon Magnusson's profile image
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Jon Magnusson
  • from Cobble Hill, BC
  • Member since May 17, 2015
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Jon Magnusson
  • from Cobble Hill, BC
  • Member since May 17, 2015
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Jon Magnusson
  • Cobble Hill, BC
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Wholesaling

What does the new British Columbia rules on Shadow Flipping mean?

Jon Magnusson
  • Cobble Hill, BC
Posted
Hey Canadians, what do the new rules in BC about "shadow flipping" mean for your wholesaling business? If you haven't heard, they are trying to eliminate your ability to assign contracts and make a profit. They plan to do this via taxes, fines, license suspension. Just wondering what the reasons behind this new rule are and the ramifications you guys think it might have on the market in BC (especially Vancouver and Victoria).
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Jay Hinrichs
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  • from Lake Oswego OR Summerlin, NV
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Jay Hinrichs's profile image
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Jay Hinrichs
  • #1 All Forums Contributor
  • Lender
  • from Lake Oswego OR Summerlin, NV
  • Member since Jan 29, 2014
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Kevin House  I would love to see the US follow suit...

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JLH Capital Partners

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