Getting your HST back
IF YOU Purchased a new construction home or Renovated an old one!
CALL NOW TO DISCUSS YOUR eligibility 1-888-544-5467
When applying for the HST rebate on a residential rental property, there are a number of specific terms you must fully understand if you are to be successful in your claim. For example, did you know that you don't have to construct or renovate a residence yourself to be considered a "builder" under the rebate program? There is a also a distinction between a residential unit and a "qualifying" residential unit. You must first establish that the housing in question is in fact a "residential unit", and then determine whether or not it meets to criteria to qualify for a rebate. The criteria include such factors as ownership, possession, whether or not it's self-contained, the type of lease arrangement and its duration. We are specialists in making sure all of the right tick marks are in place to ensure that you get the maximum rebate allowable.
Did you know that you can get an HST Rebate of up to $30,000 if you purchased a property to rent?
Did you know that you can get an HST Rebate of up to $24,000 if you recently renovated your home?
Did you know that you can get an HST Rebate of up to $30,000 if you purchased a new construction home?
You may be entitled to a rebate of the HST you paid, but be aware that the CRA prescribes very specific rules. You must meet the criteria to qualify under their programs. You must file the forms correctly and within the allotted timeframe. A mistake anywhere along the way can be costly.
The current guide from CRA for the Rental Property Rebate program is 33 pages long. It starts with one and a half pages of definitions, and continues with another half page to define who qualifies as a "builder". There are five application "types". The complete guide is readily available to anyone who wants to apply for a rebate. But do you have time to study up on the program and decipher the fine print? Can you afford to have your rebate claim denied?
Over $10 million in rebates have been processed. Make sure you get yours!