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April 10, 2022
Question

If a house was bought for my family by my parents. The house is in our name Can we qualify for first time home buyers credit?

  • April 10, 2022
  • 1 reply
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    1 reply

    April 11, 2022

    As this is your first home that you have owned, You are able to make the $5000 claim.

    (Your parents do not qualify if they bought a house before)

     

    For more information, please click :

    TurboTax  Do I qualify for the Home Buyers' Amount?

    Canada Revenue Agency(CRA)  Line 31270 – Home buyers' amount

     

     

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