smuggin
New Member

Investors and rental owners

Do you know how the cancellation of the HBP will be adjusted when I file my 2016 taxes? Will it just go into RRSP contributions?

Investors and rental owners

Good morning,
"When do I start making repayments
Your repayment period starts the second year after the year you withdrew funds from your RRSP(s) for the HBP."
http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/hbp-rap/rpymnts/menu-eng.html#mkng_rpmts
The link above is a great link on HBP from the CRA