Touchstone Law Group LLP
#208 – 1664 Richter Street
Kelowna, B.C., V1Y 8N3
Office Tel: (250) 448-2637
Toll Free: 1 (855) 889-2637
Direct Fax: (778) 484-7101

Bare Trusts and the new reporting rules

“THIS JUST IN – OKANAGAN RESIDENT BARES ALL!” The Bare Necessities  A bare trust (aka naked trust) is a type of trust that separates the legal and beneficial ownership of a property.  It is sometimes referred to as a principal-agent relationship. The legal owner, also...

Short-term rental restrictions coming down the pipe?

This past week, the Province of British Columbia proposed restrictions on short-term rentals through the Short-Term Rental Accommodations Act.  These restrictions will most certainly present some significant changes in areas such as the Okanagan where a large number of...