POSTED: May 21, 2023
In this podcast episode, we delve into the intricacies of farm taxes, specifically focusing on aspects like property tax, BC assessment, and farm tax exemptions. We discuss the assessment of agricultural properties, the significance of farm status for property taxes, and how one can go about obtaining a farm tax exemption. Our conversation also touches on capital gains tax, property replacement tax, and generational rollover tax, shedding light on the potential impacts on farm owners. If you're involved in farming or agricultural property transactions, this podcast aims to provide valuable insights while underlining the critical role of expert guidance in managing these tax complexities.
WATCH THE FULL EPISODEPOSTED: May 20, 2023
In the discussion, we delved into the intricacies of building and renovating farmhouses, especially in light of agricultural land regulations. As we navigated through the conversation, various topics emerged, ranging from the nuances of buying and selling existing farmhouses to considerations during inspections. Floodplains became a focal point, and we explored the challenges and regulations associated with them.
POSTED: May 19, 2023
Nav Sekhon, the co-founder of Farms In BC Real Estate Group, shares his background in agriculture and the reasons behind starting the branch. He and his brother Taj were born and raised in the farming industry, with their father having been farming in the blueberry industry since the late 1970s. Growing up on a farm, Nav and Taj realized the niche market of agriculture real estate and started selling farmland exclusively. They knew the industry and had contacts with farmers, which led to the growth of their business. Watch the full episode to learn more about the company and meet the whole team.
WATCH THE FULL EPISODE