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First Time Home Buyers info


What is the Home Buyers' Plan (HBP)? The Home Buyers' Plan (HBP) is a program that allows you to withdraw up to $25,000 in a calendar year from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability. Services and information How to participate in the Home Buyers' Plan (HBP) What are the HBP eligibility and RRSP withdrawal conditions? How to withdraw funds from RRSP(s) under the Home Buyers' Plan (HBP) Follow the steps to withdraw funds from your RRSPs How to repay the funds withdrawn from RRSP(s) under the Home Buyers' Plan (HBP) When and how much to repay, how to make a repayment and exceptions to repayment dates How to cancel participation in the Home Buyers' Plan (HBP) Situations when you can cancel your participation, how to cancel and due dates How to report repayments on your income tax and benefit return Find out which form to fill out and file with your income tax and benefit return How to view your Home Buyers' Plan (HBP) account balance – Use MyCRA mobile application or go online to My Account Use one of our online services for direct access to your Home Buyers' Plan account balance

source:http://www.cra-arc.gc.ca/hbp/

Find me

- Jeeban Katuwal

Address : 112 15th Ave NW, Calgary, AB

Jeeban Katuwal Real Estate Agent is a full-service Real Estate Brokerage focused on individual home purchases and sales. I always look for ways to provide a better Customer Service experience for you and your families. Iam committed to excellence for everyone, from the first-time home buyer to the Investor who look for rental properties and property investment.