How to Collect an HST Rebate when You Purchase on Assignment?

How to Collect an HST Rebate when You Purchase on Assignment?

When you’re purchasing a new condo or new home, HST rebate programs offered in Canada can help you recover some costs. When buyers purchase a new home or condo on assignment or as an investment property, they will need to apply for the new housing rebate independently of the builder to recover HST costs through the new housing rebate.

For a new home or condo buyer looking to apply for the HST Rebate program, the team at Rebate4U will guide you through the application process. We are a team of trusted rebate specialists in Ontario with years of experience and expertise working with homeowners and the Canada Revenue Agency.

What is the HST Rebate on a New Home or Condo?

new housing rebateThe New Housing Rebate is a program offered to buyers of newly built properties by the Canada Revenue Agency. These rebates allow property owners to recover some of the costs invested into the purchase of a new house or condo.

Purchasing an Investment Property or on Assignment

If you’re purchasing your new condo on assignment or as an investment property, you won’t be automatically receiving the HST rebate on a new condo directly from the builder, so you will have to apply for the New Housing Rebate on your own.

If you meet the eligibility criteria, you can recover the maximum federal and provincial amounts. To facilitate the application process, you can work with a rebate specialist who will help you navigate paperwork, eligibility, and other requirements for the rebate. If you’re not sure whether you have chosen the appropriate rebate to apply for or have any questions about the application process, reach out to the Rebate4U team for guidance, and we will help you maximize your rebate.

Applying for an HST Rebate in Ontario

Despite wanting the benefits of the program, many people find applying for the HST rebate program and working with the Canada Revenue Agency on their own to be a stressful and complicated process. For applicants who need support or guidance during their application process, the Rebate4U team is here to assist, offering complete support through the application process.

With years of experience under our belt, we can help new property owners navigate the complexities of the Canada Revenue Agency and get the most out of the rebate program. We have successfully helped hundreds of new home buyers secure the HST rebate, even in the most challenging situations.

Want to learn more about our services and the new housing rebate program?

Book a Consultation with Rebate4U today!

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