<<< back to article list

First time home buyers tax credit

  • +1

Blog by Liz Penner | October 7th, 2015

First-Time Home Buyers' Tax Credit

This federal non-refundable income tax credit is for qualifying buyers of detached, attached, apartment condominiums, mobile homes or shares in a cooperative housing corporation.

It’s calculated by multiplying the lowest personal income tax rate for the year by $5,000.

Canada Revenue Agency For information: www.cra.gc.ca/hbtc 1-800-959-82

Information Courtest of the Vancouver Real Estate Board

To purchase your next home call Liz Penner with Greyfriars Realty at 604-376-3350.
To search for your new home click on the link below: