I heard Greg say in one of the previous Q&A recordings that you can fill out conveyance documents for transfer of title to land and claim the “purchase price” as zero and therefore not pay transfer tax. This might be the case in Scotland but definitely not here in British Columbia, Canada where I’ve practiced real estate law for the past 8 years or so. Here the tax is payable every time title is transferred in the land title registry based on the “market value” of the property, regardless of the “purchase price.” This is probably also the case in most other provinces and territories in Canada. However, you don’t have to pay the tax if you don’t transfer the title in the land title office, for example, transfer tax is not payable if you transfer ownership through a trust agreement, but for this to happen, the seller has to be cooperative and you should be able to trust the seller will not sell or mortgage the title to the property without your consent. I wonder if John has had any experience dealing with land in this way in Canada and whether or not he paid the tax and registered title to himself.