Condo Smarts: Location determines depreciation report timing (BC)

/ Owner - May 15, 2024

Q: As a followup to last week’s column on depreciation reports, our management team attended an information session and we were informed strata corporations can continue to exempt from depreciation reports until July 1, 2026, but at that time we are required within 18 months to have a report completed, so this extends our time period to the end of 2028 to comply with the Act. Is this correct?   Read the Q&A………………………………..

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