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What are the Common Landlord Tax Deductions?

As a property owner and/or landlord, it’s extremely important to fully understand the scope of allowable tax deductions. That’s because, with any real estate purchase, the idea is to reduce personal tax burdens. With investment properties, in particular, it’s fundamental to reduce expenses in order to maximize profit. One way is to take full advantage […]

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Why Does Ontario Rebate the HST on New Homes?

HST housing rebates are available to Ontario residents through Canada Revenue Agency. Residents can claim an HST rebate on a newly built home that will be the principal residence OR an investment property that will be used as a rental. These rebates allow individuals to recover portions of the provincial taxes and federal taxes that […]

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How Do I Get the HST Back on My New Home?

The New Home HST Rebate allows a homeowner to recover a certain portion of HST that was paid on a newly built home or on a substantially renovated home. It is sometimes referred to as the Ontario New Housing Rebate and only applies to the primary residence of the owner. When a homeowner applies for […]

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