Everything you wanted to know about the First-time-homebuyers-tax-credits

Here’s the link: http://www.wra.org/pdf/government/HomebuyerCredit_21309.pdf

Thanks for sharing the link it would be very helpful in future.

Great link!

Are you aware if this credit applies to investment properties? Or a building with two separate units (one house two doors/units separated by a wall). Could you live in one unit while renting the other and still receive the credit?

The tax credit applies to first-time home buyers in owner-occupied properties. If you’re first home happens to be a duplex-live in one half and rent out the other-then yes, the tax credit applies to you. That is what I did when I bought my first duplex back in July of 2008.