principal residence tax tips by manning_elliott

PRINCIPAL RESIDENCE TAX TIPS Varing Magazine article PRINCIPAL RESIDENCE TAX TIPS One of the largest tax breaks Canadians have is the ability to claim the principal residence exemption (“PRE”) on the sale of their homes. The principal residence exemption provides a homeowner with an exemption from tax on the capital gain realized when they sell…

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Dirty little secrets surround cleaning up the dirt IN THE NEWS: Western Investor Dirty little secrets surround cleaning up the dirt Extensive, expensive – and mandatory – environmental studies for real estate development can be arbitrarily overruled by city planners, leading to delays and reductions for private landowners Western Investor | Frank O’Brien June 2020 Virtually…

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Navigating real estate in 2020 Varing Magazine article navigating real estate 2020 Times are changing for real estate in 2020. Landowners, investors, and agents should keep an eye out for some upcoming trends and changes to deal structures. Varing Magazine | Varing Marketing Group May 2020 The last few years in real estate have been a…

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Decade of Demand Begins with Land IN THE NEWS: Western Investor Decade of Demand Begins with Land Unprecedented immigration and demographic trends increase pressure on land values across B.C.’s Lower Mainland Western Investor | Joe Varing April 2020 The last decade was interesting to say the least in B.C.’s Lower Mainland: sight-unseen offers over asking, pre-sale…

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Canadian Real Estate Wealth Magazine July/August 2019

WHY BUY LAND? FEATURED: Canadian Real Estate Wealth Why Buy Land? Focusing on land – rather than the building on top of it. Canadian Real Estate Wealth Magazine July-August 2019 Issue Cash flow is great, but the land beneath an investment property will always be more valuable than whatever sits on top of it. So,…

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INVEST IN BC 2019 IN THE NEWS: BCBusiness Invest in BC – 2019 Special Report Featured within the May 2019 issue of BCBusiness Magazine BCBusiness May 2019 Issue GRAVITATING TO THE VALLEY Notwithstanding these developments, the Lower Mainland’s hot spot for population and economic growth for the foreseeable future is widely considered to be the…

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RESOLVING THE LOWER MAINLAND LIVEABILITY CRISIS WESTERN INVESTOR Bold moves needed now to resolve Lower Mainland livability crisis Projected population increases will keep land prices rising in the long term, so more radical action must be taken now Western Investor | Jock Finlayson, Ken Peacock – Business Council of British Columbia, Business in Vancouver April 22, 2019 It is…

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TEMPORARY DEVELOPMENT FREEZE ALONG FRASER HWY IN THE NEWS: cbc Surrey councillor calls for temporary development freeze along new SkyTrain route Brenda Locke says council first needs to figure out what projects will best support the transit expansion CBC News | Belle Puri April 04, 2019 … Realtor Joe Varing of Varing Marketing Group specializes in…

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VARING MAGAZINE 2019 RELEASED After an amazing reception of our last magazine, there was some anticipation and inquiries as to when this year’s issue was going to be released. Well…it’s here and we couldn’t be more proud of the result! We had the pleasure of working with some key players in the world of Fraser…

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