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M
melindasciacca
March 23, 2023
Question

Can I claim for new home buyers if my home was given to me by my parents

  • March 23, 2023
  • 1 reply
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    1 reply

    C
    charlesed
    March 24, 2023

     

    As per the Canada Revenue Agency "

    • You must be considered a first-time home buyer
    • You must have a written agreement to buy or build a qualifying home for yourself.

    Or

    • You must have a written agreement to buy or build a qualifying home for a related person with a disability, or to help a related person with a disability buy or build a qualifying home (obtaining a pre-approved mortgage does not satisfy this condition)"

    For more information please visit the Canada Revenue Agency 

     

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