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Tag: anti-flipping

  • The new anti-flipping tax.  What you need to know.

    The new anti-flipping tax. What you need to know.

    In addition to an upcoming ban on foreign buyers and a vacant home tax in the city of Toronto, the federal government is cracking down on house flipping.  On August 9, 2022, draft legislation introduced the government’s new anti-flipping rules to take effect in January 2023. Flipping has been defined in government documents as “purchasing… Continue reading The new anti-flipping tax. What you need to know.

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