TWO FEDERAL ACTS IMPACT HOMEOWNERS IN SUN PEAKS

which affects part-time residents who own property in Sun Peaks. As a result, those homeowners must file an Underused Housing Tax (UHT) 2900 form this tax season. The number, which can take up to two months to receive. There is a minimum $5,000 fine for not filing. Non-resident Sun Peaks owners are eligible for a tax exemption if they meet specific qualifications but are still required to file.

Exemption qualifications include vacation properties in an eligible area used for at least 28 days of the year by the owner or the owner’s spouse or common-law partner, homes that are the primary residences of an owner or their spouse, common-law