The BC home flipping tax and a new multiplex: when a quick sale is exempt
B.C. taxes profit on residential property sold within 730 days of buying it, at up to 20 percent. Demolishing a house and building new homes is one of the listed exemptions, but you still have to file a return within 90 days of the sale.
Trent Praski · October 30, 2026 · 6 min
The tax rules on new homes changed. Here is what applies to a multiplex unit.
The old GST rebate stopped being useful in Metro Vancouver years ago, because it disappears at $450,000. A first-time buyer rebate that reaches $50,000 is now law, and it changes who can buy a new unit.
Trent Praski · October 18, 2026 · 9 min
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