BC Political Discussion: Election 2020 and Beyond

[Changing City]

Originally Posted by chowhou

Also just an FYI for you, the federal government changed the taxation system because flipping was always supposed to be business income, but it was impossible to track down so they're attempting to close the loophole with the 1-year short term holding rule. It has nothing to do with market concerns.

I know, it appears the feds viewed flippers as inherently untrustworthy people.