Control and Compound Financial’s Post

A lot of changes starting. From changing rental increase guidelines, to the new anti-flipping tax. Click on the link below to read recent real estate news. Quick links for real estate numbers in the province are also available. Reach out with any questions. #vancouverislandrealestate

Does Justin Trudeau’s Liberal government’s new proposed tax actually punish seniors, unknowingly or not? The Canadian government's potential plan to tax homes valued over $1 million, even if the homeowner has not sold the property just doesn’t make sense. This is seen as an attempt to address 'generational fairness', but luckily is currently being criticized as illogical and a political disaster waiting to happen. Do you think this tax makes sense? Let us know in the comments below👇 Follow us now to learn more and stay in the loop! #infinitebanking #businessowners #realestateinvesting #trudeau #governmentpolicies #justintrudeau #housingtax #capitalgains

Chesapeake homeowners: Your real estate tax bill could increase under the proposed rate Contact me to discuss the latest scoop in real estate! #TidewaterRealEstate #MurrayRealtyGroup #HamptonRoadsRealEstate #virginia #virginiahousing #virginiarealtor #virginiarealestate #virginiahomebuying #realestate #realtor

Chesapeake homeowners: Your real estate tax bill could increase under the proposed rate Contact me to discuss the latest scoop in real estate! #northcarolinarealestate #ncrealtors #virginia #virginiahomes #virginiarealtor #virginiarealestate #virginiahomebuying #realestate #realtor #virginiahousing

Market update is ready. One topic I've noticed being discussed a lot is increasing property tax amounts in some municipalities. Surrey could see 7% increase, Powell River up to ~34% hike, areas in the Comox Valley may see 13% increase each year over the next 10 years. The list goes on. Is this due to the impact of wildfires, the recovery costs after the pandemic, rising population and need to increase services? Perhaps a little of all of the above. Comment below if the property taxes in your area is going up and how it is impacting your community. #propertytax #costofliving #bcrealestate

Do Ottawa's proposed capital gains tax changes affect inherited properties? Contact me to discuss the latest scoop in real estate! #exprealty #robgill #getrgrg #robgillrealestate #robgillrealtygroup #realestate #toprealtor #topteam #peel #halton

Depending on where homeowners live in Ontario, there is a "significant variance" in the annual property tax rates that they have to pay. It's 1.09% in Ajax and 1.12% in Whitby. #propertytaxes #realestateAjax https://bit.ly/3raMNa2

If you didn’t hear Victorian investors are absolutely running out of the market because of land tax. People are just not wanting to play the game and it’s because of the debt the state has incurred. Regardless of what you think about this it’s happening right? What if I told you that rooming houses are exempt from tax? Check this video out! #realestate #property #australia

Discover the key distinctions between Tax Assessed Value and Market Value, crucial for anyone in the housing market. #RealEstateEssentials https://bit.ly/3VyKrlw

BC's High Housing Taxes are Hurting Affordability – Time for a Change? BC's housing taxes, including the PTT, SVT, and new Flipping Tax this jan of 2025, raise $2B+ annually but significantly hurt affordability. A review could help ease housing costs for residents and attract much-needed investment. Let's discuss: What role do you think taxation reform should play in BC's housing market? #BCHousing #PropertyTaxes #CommercialRealEstate #InvestmentClimate #HousingAffordability