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Vinson Li (李宗盛) REALTOR®
Superstars Realty Ltd., Brokerage
- (647) 922-9032
- (416) 816-8160
- (416) 816-1234
Buying a house can be one of the biggest financial investments and life decisions you ever make. It's my priority to make the process as smooth and stress-free as possible. One of the great opportunities you can take advantage of is the First-Time Home Buyer's Tax Credit.
The Home Buyer's Tax Credit (HBTC) allows first -time home buyers to claim a 15% income tax credit on a maximum of $5,000 of the cost of a home purchase, including legal fees and land transfer taxes. To qualify, neither you nor your spouse or common-law partner can have lived in a home either one of you owned during a period of four years from the date of purchase.
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