RENTALREBATE

Getting your HST back

RECEIVE an HST Rebate of up to $30,000

IF YOU Purchased a new construction home or Renovated an old one!

CALL NOW TO DISCUSS YOUR eligibility 1-888-544-5467

Find out how much money you could receive TODAY!

If you bought a new construction property as an investment then the New Residential Rental Program Rebate is for you. It is designed to ensure you pay the same price as owner occupied purchasers do. Don’t be mislead, even if you paid over a million dollars you're still eligible for a rebate!

HST Rental Rebate

The objective, as it were, of the rebate for rental property is to level the tax field between those who purchase a condo (or some other type of residential housing) as an investment as compared to those who purchase the same "unit" as an owner occupier (that is, as their principal residence). The key difference that remains, though, is that the investor must pay the HST on closing and apply for the rebate (making sure to meet all the qualifications and supply the correctly completed forms). There is an upfront outlay of cash that is subsequently returned, but the investor must have the means to finance that tax for a period of 4 weeks to 4 months or longer, depending on a number of factors with the application. The owner-occupier purchaser of the same condo unit, on the other hand, will likely have the opportunity to assign the rebate to the developer, such that he doesn't pay the HST on closing in the first place, and the developer deals with the issue himself.




Get your HST Rebate of up to $30,000. Fill out the form at the top of this page for a complimentary assessment of your situation,
or call us now at 1-888-544-5467.



Main | Directory of Terms | Catalogue of Services | About Us | Resources