Did You Buy a Home in 2015?
Home buyer’s Credit
If you are a first-time home buyer, you may be able to claim an amount of $5,000 for the purchase of a qualifying home in 2015.
To qualify for the home buyers’ amount:
- you or your spouse or common-law partner bought a qualifying home; and
- you did not live in another home owned by you or your spouse or common-law partner that year or in any of the four preceding years
Tax Saving tips
You do not have to be a first-time home buyer if:
- you are eligible for the disability tax credit; or
- you acquired the home for the benefit of a related person who is eligible for the disability tax credit.
A qualifying home must be registered in your name or your spouse’s or common-law partner’s name according to the applicable land registration system, and must be located in Canada. It includes existing homes such as single-family houses, semi-detached houses, townhouses, mobile homes, condominium units, apartments in duplexes, triplexes, four-plexes, or apartment buildings, and homes under construction.
We are also Canadian private hard money lenders. We can offer you multiple solutions to resolve any situation.We can also do short term small private mortgage if required.
We can HELP!!! We also BUY HOUSES. Please call:
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