Mylyne & Associates - December 2023 Foreclosures, Investments and Market Update

Mylyne & Associates -

Stonehaus Realty Corp.

info@mylyne.com
604.723.2000
http://www.mylyne.com/

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2023 to an end...

 

As we conclude 2023, our gratitude extends for a remarkable year and your unwavering support. In my 21 years within the industry, this has been the most challenging market. Nevertheless, it stands out as a year dedicated to our focus on growth and training. Your support has been crucial. Thank you for being an integral part of this journey. Looking ahead, 2024 has some positive forecasts already.   Wishing you continued success and growth in the upcoming year! If you have specific questions or need guidance on any aspect of your business plans, feel free to ask.



12 Day of Christmas Giveaways

 

We are excited to launch 12 Days of Christmas on Dec 13.  This year, we are collaborating with 12 businesses.  Please follow us on IG @mylyne.associates or FB Mylyne & Associates for our daily draws.



BC Says No to AirBNB

 

B.C. has put in place new legislation to help municipalities regulate short-term rentals on sites like Airbnb, which provincial and municipal leaders say is affecting the availability and price of long-term housing.

The new rules passed their first reading on the BC Legislature Monday and include increasing fines for hosts breaking local municipal bylaw rules to $3,000 per infraction, per day, from $1,000.

All short-term rental platforms will also be required to share data with municipalities to improve local enforcement, although no private information about hosts will be released publicly.

In addition, all short-term rental platforms will have to include the business licenses and registration numbers of listings where they are required by a local government and must remove listings without those requirements quickly.

The province says the new rules, which will come into effect in stages from now through late 2024, are meant to create a minimum regulatory standard for housing available for rent for fewer than 90 days.

Read the entire article here: Click Here



December Foreclosures

 

Dec 2023 Abbotsford Attached
Dec 2023 Burnaby Attached
Dec 2023 Delta Whiterock Attached
Dec 2023 Burnaby Detached
Dec 2023 Delta Whiterock Detached
Dec 2023 Langley Detached
Dec 2023 Chilliwack Detached
Dec 2023 Mission Detached
Dec 2023 New Westminster Attached
Dec 2023 Abbotsford Detached
Dec 2023 North Vancouver Attached
Dec 2023 North Vancouver Detached
Dec 2023 Pitt Maple Detached
Dec 2023 Pitt Maple Attached
Dec 2023 Richmond Detached
Dec 2023 Tri Cities Detached
Dec 2023 Richmond Attached
Dec 2023 Surrey Attached
Dec 2023 Tri Cities Attached
Dec 2023 Surrey Detached
Dec 2023 West Vancouver Attached
Dec 2023 West Vancouver Detached
Dec 2023 Vancouver Detached
Dec 2023 Vancouver Attached



Our top pick Pre-Sales this month

 

Fraser Mills Presale
Reign Presale
Gabriel Presale



Handy Tools to help you understand how to save Income Tax

 

One of the ways we help our clients save tax is to first of all estimate how much income tax you might owe for 2023 in various Provinces. Let me know if you want to have some help with this.

Thank you Ernst and Young for creating great online Tax and RSP Calculators.

Here is a Calculator to help you understand how much income tax you would likely need to pay in 2023. 

Click Here

If you are wanting to see how much RSP Contributions can save you on Income Tax in 2023, here is a calculator that lets you see how much tax savings a specific amount would help reduce your taxes by in each Province.

Click Here



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