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We bought a 7 y old home in BC. We'll sell our home in MB and retire to BC in a year. We rented the BC home to a family for a year. Should we pay GST on BC home purchase?
We just bought our retirement home in BC a couple of weeks ago. We will sell our current home in MB to move to BC home in a year. We rented the BC home out to a family of 3 for a year.
We are not clear if we should pay GST on the purchase of our retirement home in BC or not.
Thanks in advance for your time and answers.
.
October 30, 2019
6:46 PM
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Investors and rental owners
Contact CRA for assistance on your answer since you are going from one province to another.
October 30, 2019
6:46 PM