Listen "Shocking ! PROPERTY OWNERS BEWARE ! 💸📈"
Episode Synopsis
🔔 Speculation Vacancy Tax Warning! Don’t Make This Costly Mistake 💰🏡Hi everyone, I’m Shirin Purewal, bringing you another real estate update that could save you thousands!I recently received a surprising Speculation & Vacancy Tax bill on a fully tenanted property—why? Because the mail was sent to an outdated address listed on the property’s title deed, not the one on the BC Assessment!In this video, I share:✅ How the mistake happened✅ What you MUST do to avoid it✅ How to change your title address (not just your BC assessment address)✅ Why you need the BC Services Card app — it’s free, fast, and a lifesaver✅ My personal experience dealing with the tax office✅ How the fine was calculated — and why vacant homes can cost you BIG💡 TIP OF THE DAY: Always update your deeds office address, not just your assessment or property tax address. Otherwise, you risk missing major government notices.📲 Make sure you and your clients are protected from unnecessary fines. Please like, share, and subscribe if you find this info helpful!TIMESTAMP00:00 Introduction to Real Estate Update00:41 Address Confusion Explained01:40 Appealing the Fine Process03:01 Changing Your Address04:04 Final Tips and Recommendations📋 ACTION ITEMS:1.Download the BC Services Card2.Update your address at the Land Title Office for ALL properties you own3.Verify your BC Assessment address matches your current information4.Check all your properties for address consistencyDon't let a simple address error cost you thousands! Take action today to protect your investments.🔗 HELPFUL LINKS:• BC Services Card: https://www.bcservicescard.gov.bc.ca/• BC Assessment: https://www.bcassessment.ca/• Land Title Office: https://ltsa.ca/#BCRealEstate #SpeculationTax #PropertyManagement #BCProperty #RealEstateInvesting📞 Need help with your BC real estate investments? Contact me [email protected] www.bchomegroup.ca DISCLAIMER: This video is for educational purposes only and should not be considered legal or tax advice. Always consult with qualified professionals for your specific situation.
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