If you are a first time buyer and bought a home in 2014 this video is for you http://goo.gl/UU6O38
Compliments of Revenue Canada
You can claim an amount of $5,000 for the purchase of a qualifying home acquired in 2014, if both of the following apply:
- you or your spouse or common-law partner acquired a qualifying home; and
- you did not live in another home owned by you or your spouse or common-law partner in the year of acquisition or in any of the four preceding years (first-time home buyer).
Labels: Canadian Real Estate, First time buyer, Tax Credit