Purchasing your first home is a significant milestone, but it often comes with a multitude of financial considerations. In British Columbia, one consideration is the Property Transfer Tax (PTT), which can add a significant cost to your home purchase. However, there's good news for first-time homebuyers in BC: the First-Time Home Buyer Property Transfer Tax Exemption. As a future home owner, it is important to know the exemption details and how it can benefit you as a first-time homebuyer.
Understanding...