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Selling or Renting Your House – the Pros and Cons

When the time comes to move out of a house or a condominium, there are some tough decisions to be made. For some, the question of selling a house or renting it may arise. Clearly, there are personal reasons for choosing either, and obviously, every individual has different priorities and aspirations. But regardless, having a […]

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Do I Qualify For the HST New Housing Rebate?

The Ontario New Home HST Rebate allows home buyers to recover a part of HST that was paid on either a new home or a home that was substantially renovated. The regulations for claiming the HST tax are defined by CRA (Canada Revenue Agency). While not every homebuyer is eligible for the Ontario New Housing […]

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How Much Can You Actually Get With a GST HST New Housing Rebate?

In Ontario, the GST HST New Housing Rebate is claimable for either principal residences or investment properties. Depending on the property (and the specific circumstances) the HST New Housing Rebate could total as much as $30,000. To be eligible, claimants must qualify under either of these conditions: Having purchased a newly built home in the […]

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