Why the 70% Rule Doesn't Work on Canadian Condo Flips
Published on: 27/08/2026
The formula was built for American single-family houses. It ignores both flipping taxes and property transfer tax, and it rejects deals that actually work.
What a Vancouver Condo Flip Actually Costs, Line by Line
Published on: 27/08/2026
Property transfer tax, holding costs, commission and two flipping taxes. On a real deal, 32,400 dollars leaves a 118,500 dollar spread before anyone is paid.
Presale Assignments and the BC Flipping Tax: The Clock Starts When You Sign
Published on: 27/08/2026
The province names presale contracts explicitly. The 730-day clock runs from the contract date, not completion, which concentrates the risk in early assignments.
Holding for 366 Days Doesn't Make Your Flip a Capital Gain
Published on: 27/08/2026
The CRA says it remains a question of fact. The 365-day rule is a floor, not a ceiling, and misreading it is a six-figure mistake.