First Time Home Buyer Tax Credit in Canada [$5,000]

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Did you buy your first home in 2019?!

This video explains how you can claim up to $5,000 worth of tax credits.
Be sure to like and subscribe :)

Here's the CRA website link for more info:
  1. Rob Campbell
  2. CRA First Time Home Buyer Tax Credit
  3. First Time Home Buyer
  4. income tax
  5. Real Estate
  6. Mortgage Rates
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Комментарии
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You should add "In Canada" in the title. :) This does not apply for the US but it did get me started on my research.

fernandopena
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Huge help! Thank you Sir!
Just wondering if you can make another updated video for this year 2021.

gerrygonzales
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Rob I just purchased a home last month so I'll add this amount deducted next year when I file the tax yeah?

amentothatt
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Maricopa county offers a first time home buyer of 20k and Biden is doing one for 15k, am I allowed to get both or do I have to choose?

marcaguirre
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Does this $5000 applies if you did not pay downpayment from RRSP account? I thought this credit is only apply to individuals who used downpayment money from RRSP account.

sahilsharma
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Hi Rob. Helpful video. I have 1 question, I bought my first home in January 2020. I withdraw my RRSP for the same in dec 2019. Can I claim the first tie home buyer credit in 2019 or will it be in 2020 return. Please reply. Thanks

deeptikapri
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Hi Rob, I wrote you an email a couple of days ago regarding HELOC opportunity. Can you check it? Thanks

jeffqu