Edison Reis
Cannabis legalization and landlords mitigation plan
17 December 2018 | 32 replies
In one of our Strata’s the council passed a new bylaw prohibiting cultivating due to insurance concerns.
Bruce Lynn
Popular countries with restrictions for investment
28 November 2018 | 3 replies
Property Transfer Tax - We have transfer taxes when you buy a property based on the fair market value of your home (based on the following scale): 1% on the first $200,000,2% on the portion of the fair market value greater than $200,000 and up to and including $2,000,000,3% on the portion of the fair market value greater than $2,000,000, andIf the property is residential, a further 2% on the portion of the fair market value greater than $3,000,000 (effective February 21, 2018).Additional Property Transfer Tax on Foreign NationalsAdditionally if you are a foreign national: another 15% tax of the fair market value of your homeSpeculation and Vacancy Tax - if you own a home that is not your primary residence and is not rented out for at least 6 months of the year you pay an extra tax 2 per cent for foreign nationals and satellite families who do not pay income tax in Canada;1% on the first $200,000,2% on the portion of the fair market value greater than $200,000 and up to and including $2,000,000,3% on the portion of the fair market value greater than $2,000,000, andIf the property is residential, a further 2% on the portion of the fair market value greater than $3,000,000 (effective February 21, 2018).1 per cent for Canadian citizens and permanent residents who are not resident in B.C. for income tax purposes (and not members of a satellite family); and 0.5 per cent for British Columbia residents who are Canadian citizens or permanent residents (and not members of a satellite family).
Dustin Ruff
What Role Do Investors Play In Affordable Housing
18 November 2018 | 22 replies
and you have to hire experts to put it together Bond councils etc etc. can cost you 100k or more. for us average investors its a non starter.. you need to rely on church groups Habitat .. and in a small way the little Chairty that a few of us BP members started called aheroshome.org were we are giving a home away to a first responder free and clear..
Joe Splitrock
Amazon Confirms Long Island City and Crystal City
11 January 2019 | 52 replies
They are not happy the Governor did an end-run around the City Council giving them no opportunity to insert themselves and their (often times valid) agendas into this decision.
Kaitlyn Curtis
New to this: AirBnB in Providence, RI?
24 June 2019 | 8 replies
The Providence city council should be making decisions soon on it.
Chris Wolfe
Air BNB Business in New Orleans?
10 October 2018 | 2 replies
The New Orleans city council is planning to impose some serious restrictions on STRs.
Aaron Zike
House Hack vs. City of Tacoma Permitting
23 October 2018 | 7 replies
My friend on the city council told me they will be voting on DADU in January and there is a lot of support for it.
Justin Rogers
Yearly certificate renewal to keep a triplex?
10 October 2018 | 0 replies
It currently has a renter certificate making it a triplex eligible property.Here’s the issue- Apparently every year we will have to apply for the property to continue to be zoned as a triplex in order to rent them out and the council must approve.
Patrick Philip
What do you think about this contingency clause?
15 October 2018 | 30 replies
As far as the issue you might have where you may be using language in a contingency in your contract but where the contract continues regardless what happens, you need to review that with council then because that isn't really a "contingency".
Lindsay Brake
Can you register to vote anywhere you own property?
21 October 2018 | 2 replies
It could be more valuable to me to be able to vote for city council etc where I invest.