From what I can see it appears that many Strata's in the lower Mainland have voted to defer there Depreciation report until 2014. Personally I think there are a number of big advantages to waiting 1 more year. Being an early adopter for a complicated piece of legislation like this can be dangerous. I think many are saying let's see how these play out and learn form the mistakes of the early adopters. My guess is that the majority of BC Strata's will not have a Depreciation report done by the end of this year.

I just sold this Townhouse at 3 6100 TIFFANY Blvd, Richmond, British Columbia Riverdale RI.View this recently sold Townhouse or see all my home sales

I have just returned from a trip to Scottsdale Arizona where I attended a Value/Dividend investors summit. Real estate and value investing in the stock market have been a passion of mine for several decades now so I always try to attend a few of these events each year. One of the highlights for me was a session on the teachings and investment philosophies of one of the world's legendary investors John "Jack" Bogle.  Back in 1975 Jack created a radical investment tool called an index fund. This is an intentionally boring fund that mirrors the performance of a broad-market index. He went on to found the mutual fund company Vanguard which manages over 2.1 trillion in assets but the company makes no profit. It is client owned by the in ...

I just finished uploading this Townhouse for sale, 9 6100 TIFFANY Blvd, Richmond, British ColumbiaThis is the one you've been waiting for! Beautifully renovated 3 bedroom town home in popular Tiffany Estates. Updates include new kitchen cabinets, Granite counter tops with under mount sink. Stainless steel appliances. High quality engineeredhardwood flooring throughout Full size washer and dryer new hot water tank & designer paint Large South facing privateback yard and 2 parking spaces at your door. Upstairs 3 generously sized bedrooms including a large 16X13 Master. Newbathroom includes a deep soaker jacuzzi tub. Prime Riverdale neighbourhood dose to Terra Nova shopping center Thompson Community center and one of BC's top schools Bl ...

According to a recent study by the major Canadian banks, Canadians are staying in their principal residences much longer in years and one of the fastest growing demographics for home purchasers is the 65 to 72 year old demographic. According to the study 70% of all Canadians at 75 years old are still living in their principal residence. This goes against the prediction of a best selling book back in 1996 entitled "Boom Bust Echo". This book predicted that aging baby boomers would all at once start selling these large homes in the suburbs to downsize, thus causing a glut in the market and prices to plummet.

Welcome to your monthly update on Greater Vancouver Real Estate. Changes From the Reintroduction of GST/PST? With the reintroduction of the GST/PST tax regime on April 1st, I have received some questions about how this will affect the real estate market. The short answer is: There will be a minimal effect; some people will win, while others will lose. However, we must break down its effects into 3 separate categories: New Construction, Resale, and Fees. New Construction This category is the one that is likely to be most influenced by the change back from HST to GST. All new residential construction will be taxable at the 5% rate rather than the previous 12%. However, the government will also be elimina ...