If you bought a house in 2023 and were a first time buyer - don’t forget to check with your accountant or tax preparer to see if you qualify for the federal credit.

From Canada.ca

Line 31270 – Home buyers’ amount:

You can claim up to $10,000 for the purchase of a qualifying home in 2023 if you meet both of the following conditions:

You (or your spouse or common-law partner) acquired a qualifying home

You did not live in another home (inside or outside Canada) that you (or your spouse or common-law partner) owned in the year of acquisition or in any of the four preceding years (first-time home buyer) unless you are a person with a disability)

It’s worth checking out as it could mean up to $1500 in credit.

Qualifying homes include :
Single family including semi-detached and townhouses
Mobile homes
Condominium units
Co-op may qualify (you have to be the share owner not tenant).

Checkout: Canada.ca website for more info and again - be sure to check with your acct and/or tax preparer.

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