Should you worry about your tax assessment?

Should you worry about your tax assessment?

Tax assessments should really not be used for an assessment of true value on your property. Why? First, you have to remember that the person, or machine that is putting the value on your property has never seen it. They have no idea of condition, floor plan...
Have you heard of Caveat Emptor?

Have you heard of Caveat Emptor?

Caveat Emptor stands for “Buyer Beware”. What this means is that there is risk in buying a property that you cannot avoid. In a recent case a seller signed a Property Disclosure Statement that stated that there was no problems with the septic system. Our...
Realtors cannot give advice on GST

Realtors cannot give advice on GST

The Real Estate Council of BC dictates to us that GST is so complicated that it is risky for anyone other than a lawyer or tax accountant to figure it out. Many times when we call CRA for advice on whether GST is applicable or not and the answer is, “That...