Category: Taxes
GST on new homes in BC: Everything you need to know about the GST rebate for new housing.
How do I calculate the GST rebate? You can use our popular GST Rebate Calculator. But, to understand the calculations, we have broken them into 3 different rate scales: Maximum Rebate (purchase price less than $350,000), Partial Rebate (purchase price from $350,000 to $450,000), and No rebate (purchase price greater than $450,000). 36% Maximum Rebate […]
GST on Renovated Homes in BC: Everything you need to know about GST rebates for renovations.
Thinking about renovating? Find out whether you are eligible for the GST rebate? Are you someone who’s not afraid of taking on major renovations? Are you considering to upgrade from a townhome but you don’t want to pay premium price of a brand new home? Or perhaps you’ve bought over your parents’ home that’s still […]
Costs of buying a home in BC also known as Closing Costs
BUYER GUIDE: CLOSING COSTS OF BUYING A HOME Alright you’ve committed to buying your first home and you’re working with a mortgage specialist to find out how much you can afford based on your income, assets, credit score, etc. That’s AWESOME! You’re off to a great start but what other expenses should you be aware […]