Buying Investment Real Estate? Apply for the Correct GST/HST Rebate!

Buying Investment Real Estate? Apply for the Correct GST/HST Rebate!

This is the first in a series of posts on the Goods and Services Tax/Harmonized Sales Tax (“GST/HST”) and real estate. Subsequent posts will cover bare trusts and joint ventures.  The rules for collection of GST/HST on real estate were

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CRA Auditing GST/HST New Housing/Rental Property Rebates

CRA Auditing GST/HST New Housing/Rental Property Rebates

The Canada Revenue Agency  continues to audit new home purchasers for GST/HST new housing rebates and rental property rebates. In provinces like Ontario which has an HST, the amount of the rebates can be significant – up to $30,300. …

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