Are you a first-time home buyer? Did you know you can claim an amount of $5,000 for the purchase of a qualifying home acquired in 2015?
To be eligible for the Home Buyer’s Tax Credit (HBTC) you must meet the following criteria:
– You or your spouse or common-law partner acquired a qualifying home; and
– You did not live in another home owned by you or your spouse or common-law partner in the year of acquisition or in any of the four preceding years.
Click here for more information on the HBTC.