I have actually heard from several people and no one seems to know the specfic details yet.. but next month the gov will introduce a Capital Gains tax on real estate sales in an effort to cool out the speculation in the real estate market. This will have big impact on prices ( at least on buying) and maybe on rental as investors might have to keep their properties longer to avoid short term taxes. I guess we'll see.

thought they implemenmted the new rules already in march / april this year on newly bought property...?!

happy trails!
Hans

Not yet.. we just sold ours last month and there was still no tax.

Michael wrote:Not yet.. we just sold ours last month and there was still no tax.

yeah, yours was "old/used" in a sense, talking about NEWLY bought property (not lived in yet / unused).

happy trails!
Hans