Author: Marion Anderson

Marion Anderson Personal Real Estate Corporation: Marion specializes in helping Buyers who are considering the purchase of ski-in ski-out real estate in Whistler. Not everyone ends up with slopeside, but it is a great place to start looking. Marion has sold real estate in Whistler since 2005 and has lived in Whistler since 1993. Sutton Group - West Coast Realty, Whistler.
Posted on

Do non-residents pay UHT on phase 2?

Home » Archives for Marion Anderson

Yes! Phase 2 properties can be identified by the hotel name attached to the building, for example, the Westin. These are business income properties and for non-residents, the 28 days of use still applies to avoid the 1% UHT penalty.

The benefit of a phase 2 over a phase 1 is that you can use your phase 2 for up to 56 days and then rent out the rest of the year. Whereas the owner of a phase 1 property is up to 35 days of legal usage, and then must rent it out the rest of the year, if they are renting it out at all. Now that’s 3 weeks of legal use difference.

Continue reading “Do non-residents pay UHT on phase 2?”
Posted on

March 2025 Market Update

Home » Archives for Marion Anderson

Reviewing the stats for February, and analyzing them with my Whistler colleagues, the conclusion reached…the Whistler real estate market is in a holding pattern, with nothing of note happening. Yes, there was a modest increase in sales and inventory with a slight decrease in new listings, but the excitement of buying a property in Whistler is not as prevalent as it was in early January. However, this stale market does expose those who need to sell. Buyers who know what they want, there are opportunities waiting. In February there were:

  • 40 sales
  • 270 listings available for sale
  • 73 new listings
  • sales to active listings ratio was 15%.
Continue reading “March 2025 Market Update”
Posted on

#1 Risk when buying nightly rental property?

Home » Archives for Marion Anderson

Getting the business license! This license application takes place once you own the property. The municipality will send an inspector to check the property against the original building plans, and any renovation plans they have on file. If there’s anything that differs between those plans and your property that’s when the headache begins.

When there’s a delay in getting your business license it means that no revenue is being earned.

Continue reading “#1 Risk when buying nightly rental property?”
Posted on

What are the 4 types of investment real estate?

Home » Archives for Marion Anderson

4 types of investment property, therefore 4 types of tax considerations for non-residents and residents purchasing real estate in Whistler: 1) rented nightly, 2) business income, 3) rented monthly, and 4) never rented.

Next, determine the intent of your purchase, How do you intend to use the property? How often will you use it? Do you need the property to earn revenue and if so how much? Is it an asset class you’ll purchase and never use?

Continue reading “What are the 4 types of investment real estate?”