Financial Planning -> Real estate
New Home Buyers / Buying a Home or Other Real Estate
- The Home Buyer's Plan
- Make sure you report repayments to RRSP Home Buyer's Plan!
Federal and Provincial Programs for Home Buyers / Home Owners
BC Home Owner Mortgage and Equity (HOME) Partnership program for First Time Home Buyers - 25-year loan that is interest-free and payment-free for the first 5 years. Applications to be accepted starting January 16, 2017, for purchases that will close on or after February 15, 2017.
BC First-Time New Home Buyers' Bonus - Refundable - was available up to March 31, 2013
Ontario Healthy Homes Renovation Tax Credit - Refundable - for senior homeowners and tenants
Ontario Seniors Homeowners' Property Tax Grant - can reduce property taxes by up to $500 per year
Real Estate Issues
Selling a Home or Real Estate
Is the sale of real estate taxable? What about my principal residence?
Terminal Loss on sale of depreciable property
Is your rental income considered property income or business income? Why does it matter?
What happens if I move into my rental property, or start renting out my home? Topics included:
- What if I rent out part of my principal residence?
T1135 Foreign Income Verification Statement for rental property in another country.
Revised: July 19, 2018
Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved. See Reproduction of information from TaxTips.ca