Hello. My question pertains to capital gains on a primary residence in British Columbia. I am selling a primary residence (a home) that I have lived in for only 3 months. It was a new build. Moved on Sept 30, 2021. The initial value I will estimate at 1,100,000 due to lot purchase was 300k, the cost to build was 800k. Current market evaluation is 1,750,000. Would I be subject to capital gains tax due to the short duration?



Salman Rundhawa Answered question