Stan & Stelli Stanchev | Team 3000 Realty | Call Us Today: 778-866-4654
vreg blog

Underground Oil Storage Tanks

Underground Oil Storage Tanks Underground Oil Storage Tanks Many homes in the Greater Vancouver area built before 1957 were originally heated with furnace oil. Many homes in the Greater Vancouver area built before 1957 were originally heated with furnace oil. When natural gas became available, the oil storage tanks, which were normally located [...]

2018-04-18T10:39:17+00:00 April 18th, 2018|News, Real Estate|0 Comments

Stigmatized Properties

Stigmatized Properties Stigmatized Properties A potential buyer may be quite happy with the physical condition and the location of a residential property, but they may avoid purchasing the property because of concerns regarding an event or circumstance occurring in or near the property. Examples include a property next door to a residence occupied [...]

2018-04-17T19:53:56+00:00 April 17th, 2018|News, Real Estate|0 Comments

Non-Resident Buyers and Sellers of Real Estate

Non-Resident Buyers and Sellers Non-Resident Buyers and Sellers of Real Estate There are certain legal and accounting issues that arise when a non resident of Canada acquires or sells property in Canada.  These issues are set out below. Non-Resident Purchases The issues that arise from a non resident purchase are not from the [...]

2018-04-17T19:40:40+00:00 April 17th, 2018|News, Real Estate|0 Comments

Sale of a principal residence does not attract income tax

Sale of a principal residence Sale of a principal residence does not attract income tax Most individuals who sell real estate are aware that a sale of a principal residence does not attract income tax. The Income Tax Act requires the individuals to file a prescribed form with their income tax return for [...]

2018-04-17T09:26:05+00:00 April 17th, 2018|News, Real Estate|0 Comments

Gifting Money How Parents are Helping their Kids Buy Homes

Gifting money Gifting Money How Parents are Helping their Kids Buy Homes For parents who have the means to help their kids buy a home in today’s pricey environment, gifting money towards a down payment is one of the best way to do it. In February 2018, the Financial Post ran a story about adults still living [...]

2018-04-11T18:57:20+00:00 April 11th, 2018|News, Real Estate|0 Comments
Translate »