HBP

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Mar 7th 2015, 5:02 pm

dishwashing

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HBP

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

Thanks

Mar 7th 2015, 6:03 pm

JonboyE

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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