Investors and rental owners

Hello

Provided you meet the CRA requirements below you will be able to make the claim.

Line 369 – Home buyers' amount

You can claim $5,000 (note this equates to a $750 credit) for the purchase of a qualifying home in 2016 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).

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