Yes, a co-op housing qualifies if you pay rent for the unit.
A rental unit in the following types of accommodations may be considered an eligible rental unit if the unit is rented and rent was paid for that rental unit:
- Co-operative housing
- During the year:
- You occupied an eligible rental unit in B.C. under a tenancy agreement, licence, sublease agreement or similar arrangement
- You occupied an eligible rental unit in B.C. for at least 6 one-month periods. You may occupy different eligible rental units during the year, for a total of at least 6 one-month periods. Any occupancy period of less than one month does not count as a one-month period
- Rent was paid for that rental unit
- On December 31 of the tax year, you were a resident of B.C. and you were:
- 19 years of age or older, or
- A parent, or
- Cohabiting with a spouse or common-law partner
Note: Eligible tenants who rent and occupy an eligible rental unit under a rental or tenancy agreement together but are not married or in a common-law relationship with each other (roommates) may each claim their own renter's tax credit if all other criteria are met.
You cannot claim the renter’s tax credit if you:
- Are the cohabitating spouse or common-law partner of a renter who has already claimed the credit for the tax year
- Were confined to a prison or similar institution on December 31 of the tax year and were confined for periods totalling more than 6 months during the year
- Were an employee of a foreign government or resided with a family member or a servant of the employee of a foreign government in Canada (for example, diplomats and their household members)
- Die before the end of the year
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