Aliya Goldan

3 weeks ago | bccpa.ca | Jack Blackwell |Ali Amad |Brian Morcombe |Aliya Goldan

The federal property flipping rules came into effect on January 1, 2023, to address the government’s concerns about the rapid escalation of housing prices and speculative real estate activity. These rules were intended to create stability in the housing market and ensure that homes would be used for residential purposes rather than as short-term investments.