{"id":498,"date":"2022-11-17T07:30:22","date_gmt":"2022-11-17T14:30:22","guid":{"rendered":"https:\/\/jacksonyoung.ca\/?p=498"},"modified":"2022-11-15T10:52:43","modified_gmt":"2022-11-15T17:52:43","slug":"property-transfer-tax-calculator","status":"publish","type":"post","link":"https:\/\/jacksonyoung.ca\/property-transfer-tax-calculator","title":{"rendered":"Property Transfer Tax Calculator"},"content":{"rendered":"<br \/>\n<h2 style=\"font-family:stagsans,arial,helvetica,sans-serif;font-size:1.6em;font-weight:400;margin-top:0;text-decoration:none;color:#0048ff;\">BC Property Transfer Tax Calculator<\/h2>\n<p>  <a href=\"https:\/\/www.ratehub.ca\/\" style=\"display:inline-block;width:80px;margin-top:.5em;\"><img decoding=\"async\" src=\"https:\/\/www.ratehub.ca\/assets\/images\/widget-logo.png\" style=\"width:100%;\" alt=\"Ratehub.ca logo\"><\/a>[tcb-script type=&#8221;text\/javascript&#8221; src=&#8221;https:\/\/www.ratehub.ca\/assets\/js\/widget-loader.js&#8221;][\/tcb-script]<\/p>\n<p style=\"\"><strong>BC Property Transfer Tax<\/strong>The general property transfer tax applies for all taxable transactions. The general property transfer tax rate is determined by calculating:1% of the fair market value up to and including $200,0002% of the fair market value greater than $200,000 and up to and including $2,000,0003% of the fair market value greater than $2,000,000Further 2% on residential property over $3,000,000If the property has residential property worth over $3,000,000, a further 2% tax will be applied to the residential property value greater than $3,000,000.If the property is mixed class (such as residential and commercial), you pay the further 2% tax on only the residential portion of the property.If the property includes land classed as farm only because it is used for an owner\u2019s or farmer\u2019s dwelling, up to 0.5 hectares will be treated as residential property.<strong>Additional property transfer tax<\/strong>If you\u2019re a foreign national, foreign corporation or taxable trustee, you must also pay the additional property transfer tax on the fair market value of the residential portion of the property if the property is within a specified area of B.C.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property Transfer Tax Calculator in BC is determined by&#8230;<\/p>\n","protected":false},"author":2,"featured_media":499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"_links":{"self":[{"href":"https:\/\/jacksonyoung.ca\/wp-json\/wp\/v2\/posts\/498"}],"collection":[{"href":"https:\/\/jacksonyoung.ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jacksonyoung.ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jacksonyoung.ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jacksonyoung.ca\/wp-json\/wp\/v2\/comments?post=498"}],"version-history":[{"count":3,"href":"https:\/\/jacksonyoung.ca\/wp-json\/wp\/v2\/posts\/498\/revisions"}],"predecessor-version":[{"id":502,"href":"https:\/\/jacksonyoung.ca\/wp-json\/wp\/v2\/posts\/498\/revisions\/502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jacksonyoung.ca\/wp-json\/wp\/v2\/media\/499"}],"wp:attachment":[{"href":"https:\/\/jacksonyoung.ca\/wp-json\/wp\/v2\/media?parent=498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jacksonyoung.ca\/wp-json\/wp\/v2\/categories?post=498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jacksonyoung.ca\/wp-json\/wp\/v2\/tags?post=498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}