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Old Mar 7th 2015, 5:02 pm   #1
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Default HBP

Does anyone know if owning a rental property overseas excludes you from the HBP?

Thanks
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Old Mar 7th 2015, 6:03 pm   #2
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Default Re: HBP

You are not considered a first-time home buyer if, at any time during the period beginning January 1 of the fourth year before the year of the withdrawal and ending 31 days before the date of withdrawal, you or your spouse or common-law partner owned a home that you occupied as your principal place of residence.

HBP Condition - First-time home buyer

Owning a rental property does not disqualify you if you meet all other requirements
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Any reference to tax above is for general interest only and is not intended as professional advice.
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Old Mar 8th 2015, 6:15 pm   #3
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Default Re: HBP

Thanks Jonboy, you are the B-E-S-T
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