# Coquitlam Presale Assignment Rules > Assigning a Coquitlam presale contract before completion is a common investor strategy in active developments like Burke Mountain and Westwood... **Source:** https://soldbycraig.ca/coquitlam-presale-assignment-rules/ **Author:** Craig Johnston, REALTOR® (BC Licence V99960) · The MACNABS · Royal LePage Elite West **Site:** https://soldbycraig.ca --- Coquitlam · Presale assignment ## Coquitlam presale assignment — the rules every investor should know. Assigning a Coquitlam presale contract before completion is a common investor strategy in active developments like Burke Mountain and Westwood Plateau-base. The rules — and the tax consequences — are tight. Here is the straight read. [Book a Strategy Call](/book-a-strategy-call-with-craig-johnston/) [Call Craig — 604-202-6092](tel:+16042026092) Quick Answer What should you know about Coquitlam Presale Assignment Rules? Assigning a Coquitlam presale contract before completion is a common investor strategy in active developments like Burke Mountain and Westwood Plateau-base. The rules — and the tax consequences — are tight. Here is the straight read. **Craig Johnston, Top 1% Team Member — Greater Vancouver REALTORS®** and 47+ year Tri-Cities resident, can walk you through the local context. Free Strategy Call ends with a written one-page plan in 24 hours. Presale assignment · Coquitlam ## Coquitlam presale assignment — every rule, every tax. An assignment is the sale of your contract rights to a new buyer before the home is built and registered. The original buyer (assignor) sells their position to a new buyer (assignee). Common in Coquitlam presales, but heavily regulated. ### Developer consent typically required Most presale contracts require the developer's written consent before an assignment can be completed. Some developers prohibit assignments entirely until completion. ### Assignment fees Developers commonly charge an assignment fee ($2,500-$10,000 typical) to cover their administrative costs. ### Income tax on the assignment profit CRA treats assignment profit as business income (NOT capital gains) in most cases. 100% of profit is taxable as income at your marginal tax rate. Some assignments may qualify for capital gains treatment — depends on intent and history. Talk to a tax accountant. ### GST on assignment Assignments of new-construction contracts trigger GST. Generally the GST applies to the profit portion of the assignment, but rules are complex. Confirm with a tax accountant. ### BC Property Transfer Tax PTT applies to the assignee at completion (when the contract is finalized into title). The assignor does not pay additional PTT. ### Anti-flipping rules BC's Home Flipping Tax (effective January 2025) applies an additional tax on residential properties sold within 2 years of acquisition. Sliding scale: highest rate (20%) for sales within first year, declining to 0% by 2-year mark. May apply to assignments depending on circumstances. [VERIFY application to assignments specifically.] ## Talk to a Coquitlam REALTOR® who knows. Craig Johnston is a 47-year Coquitlam resident and licensed REALTOR® at The MACNABS, Royal LePage Elite West. Top 1% Team Member — Greater Vancouver REALTORS®. Talk through your specific situation — no pressure, no obligation. [Book a Strategy Call](/book-a-strategy-call-with-craig-johnston/) [Call 604-202-6092](tel:+16042026092) [Email Craig](mailto:Craig@SoldByCraig.ca) Tri-Cities monthly ## Get the honest Tri-Cities market read, monthly. June 2026 Coquitlam detached HPI is $1,649,000, -4.8% YoY. What that means for your buy or sell decision — without the salesy fluff. One email per month. Unsubscribe anytime. No spam, no listings flood, no marketing automation games. Genuine monthly update from a 47+ year Tri-Cities resident. Best REALTOR® by area ## A specialist for your specific Tri-Cities city or neighbourhood. [Coquitlam](/best-realtor-in-coquitlam/) [Burke Mountain](/best-realtor-in-burke-mountain/) [Westwood Plateau](/best-realtor-in-westwood-plateau/) [Heritage Mountain](/best-realtor-in-heritage-mountain/) [Port Moody](/best-realtor-in-port-moody/) [Port Coquitlam](/best-realtor-in-port-coquitlam/) [Anmore](/best-realtor-in-anmore/) [Belcarra](/best-realtor-in-belcarra/) [Or compare all Tri-Cities specialists →](/best-local-realtor-tri-cities/)