{"id":1954,"date":"2024-02-27T20:39:15","date_gmt":"2024-02-28T01:39:15","guid":{"rendered":"https:\/\/www.caianderson.com\/blog\/?p=1954"},"modified":"2024-02-27T20:41:47","modified_gmt":"2024-02-28T01:41:47","slug":"%f0%9f%93%a2%f0%9f%92%b0-bc-announces-new-20-anti-flipping-tax-helps-first-time-home-buyer-with-tax-savings","status":"publish","type":"post","link":"https:\/\/www.caianderson.com\/blog\/2024\/02\/27\/%f0%9f%93%a2%f0%9f%92%b0-bc-announces-new-20-anti-flipping-tax-helps-first-time-home-buyer-with-tax-savings\/","title":{"rendered":"\ud83d\udce2\ud83d\udcb0 BC Announces New 20% Anti  Home Flipping Tax &#038; First-Time Home Buyers Tax Exemption"},"content":{"rendered":"\n<p>In this video, Langley REALTOR, Caileigh Anderson with Remax discusses the newly released 2024 provincial budget which includes two housing announcements. <\/p>\n\n\n\n<p>The first announcement is the anti-flipping tax which taxes homeowners who move within two years of their purchase. You will be taxed 20% within the first year and the second year, you will be taxed on a sliding scale. <\/p>\n\n\n\n<p>The second announcement is the first-time home buyers&#8217; property transfer tax exemption. This has been long overdue and will reduce the property transfer tax payable at completion and the savings on this amount will be thousands of dollars.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this video, Langley REALTOR, Caileigh Anderson with Remax discusses the newly released 2024 provincial budget which includes two housing announcements. The first announcement is the anti-flipping tax &hellip; [<a href=\"https:\/\/www.caianderson.com\/blog\/2024\/02\/27\/%f0%9f%93%a2%f0%9f%92%b0-bc-announces-new-20-anti-flipping-tax-helps-first-time-home-buyer-with-tax-savings\/\">read more<\/a>]<\/p>\n","protected":false},"author":2,"featured_media":1955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[150,149,155,157,156,152,16,31,14,153],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\ud83d\udce2\ud83d\udcb0 BC Announces New 20% Anti Home Flipping Tax &amp; First-Time Home Buyers Tax Exemption - Caileigh&#039;s Vlog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.caianderson.com\/blog\/2024\/02\/27\/\ud83d\udce2\ud83d\udcb0-bc-announces-new-20-anti-flipping-tax-helps-first-time-home-buyer-with-tax-savings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\ud83d\udce2\ud83d\udcb0 BC Announces New 20% Anti Home Flipping Tax &amp; First-Time Home Buyers Tax Exemption - Caileigh&#039;s Vlog\" \/>\n<meta property=\"og:description\" content=\"In this video, Langley REALTOR, Caileigh Anderson with Remax discusses the newly released 2024 provincial budget which includes two housing announcements. 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