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We assumed a mortgage this year from my parents as they previously purchased our house for us, can I claim first time home buyer this year because we took over the deed?
I have purchased a house over 12 years ago however my husband never has
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October 30, 2019
6:57 AM
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Investors and rental owners
If you haven't lived in a house you have purchase in 4 years then you may be able to fall under first time home buyers.
Please see the following link which is what CRA considers First time Home Buyers- https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/what-hom...
You can also contact CRA directly for more information at 1-800-959-8281 for specifics about your situation.
October 30, 2019
6:57 AM