Home Owner (Real Estate) Grant in BC-Canada

[Navtaj Chandhoke]

Home Owner (Real Estate) Grant in BC-Canada

The home owner grant reduces the amount of property tax you pay for your principal residence.

The grant is available to qualified residents that pay property taxes to a municipality or the province in a rural area. If you pay your property taxes to a First Nation, contact the First Nation directly.

Find out what you may qualify for as a B.C. resident:

Under 65

Senior

Veteran

Person with disabilities

Living with a spouse or relative of a person with disabilities

Spouse or relative of a deceased owner

The Province has reduced the Home Owner Grant threshold for 2014

The 2014 Home Owner Grant threshold of assessed value has been lowered to $1,100,000. The grant is reduced by $5.00 for each $1,000 above the threshold.

As well:

The basic grant is eliminated when the assessed value reaches $1,214,000

The additional grant is eliminated when the assessed value reaches $1,269,000

If you have concerns about the threshold change, please contact the Province’s Home Owner Grant Administration Branch:

Email: hogadmin@gov.bc.ca

Call: 1-888-355-2700

P.S. Success isn’t a matter of chance, it’s a matter of choice. So it’s up to you to make the right choice to become successful. If you don’t know what to do it starts with making the choice to register for this LIVE real estate investors training in your town now, and making sure you make the right choice to SHOW UP!!!

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You can learn more about forgivable Canadian Business and real estate grants at GovernmentGrantsCanada.ca

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