More Tax?


The Ontario  Real Estate Association, in partnership with Ontario Revenue Minister Sophia Aggelonitis, have released a video to clarify the rules for those looking to purchase a home and to eliminate confusion around HST as it applies to new and resale home purchases. The short ‘n sweet of it is HST is not applicable on resale dwellings, but it is on new construction though rebates are available for first time buyers. Click the PropertyWire logo to see the article.

Or click HERE to go direct to the OREA video!

~ Steven

Real Estate

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