You're welcome, that's great to hear. I don't know when they will get around to fixing their issue. You aren't the first person to have this problem. You should see your rebate back in like 2-3 months.

You're welcome, I'm glad I was able to help you save some money we can all use it these days with these. I appreciate you spending the time to leave me a comment. By the way if your unit was delayed for any reason you can also try to claim Tarion delayed occupancy compensation. I have another video on this a well.

Glad I can help.

Lol you're welcome I'm glad it was helpful! Did you claim your delayed occupancy compensation? Many units here are eligible for this as well. I just got my money as well which was just a bit over $7000.

Glad I could help.

You're welcome. Let me know how it goes as I've personally never had to do this before.

You're welcome glad I could help.

I'm glad you found it helpful!

1. Use the original purchase date. The assignment has nothing to do with the rebate. 2. Use the price in the statement of adjustments which should be the original purchase price NOT the assignment price.

You're welcome. Yes I actually got the rebate back a few weeks ago so it look about a month and a half for me.

You're welcome. I personally don't think that your legal description is that critical. However, you can usually find your legal description at the top of your Statement of Adjustments from your lawyer. If you can't see this on there you can always contact your Realtor or your lawyer to ask them directly for this information. They should know where to find this.

You're very welcome!

One per unit

You're welcome appreciate the comment. 1. You can only claim as a owner occupier. If you rent the property out you will not be eligible for the $8,475 rebate. Refer to www.toronto.ca/services-payments/property-taxes-utilities/municipal-land-transfer-tax-mltt/municipal-land-transfer-tax-mltt-rebate-opportunities/ 2. Yes this does happen a lot. You must have had a clause in your agreement that you were allowed to rent during interim occupancy. If this is the case the developer will claw back the rebate from you. You can claim this money back using the video you just watched. Also you must not have been aware of the additional development charges. If you watch my Investment tutorial I break down some of these costs for you. Many first time buyers are not aware that the actual purchase price is a lot higher than the sticker price. 3. No, you can ONLY claim the 1st time buyer land transfer tax on your 1st property purchase in your entire life in the the entire world. You MUST use this rebate on this property only or you will never be able to use this again. Although this is not recommended and illegal some people in your situation will move into the property on paper. Meaning that they'll change their driver's license & health card over into the new property. In addition, have their government mail like income taxes registered to the new property. Basically change all government issued mail to go to the new property. Then they will have an amazon package transferred to the property to prove that they live there. Also change all utilities and internet to be issued in the new property. Then they will privately find a tenant to move into the property and rent the property with the utilities and internet included for the 1st few months or until they get final closing. Then they will claim the 1st time buyer rebate get all their taxes back. Don't recommend that you do this as this is illegal. The other way to do this, is because the important thing is "intent" of your purchase. You move into the property for a few months, claim all your taxes back after final closing then you rent it out like 3 months after. You can give any number of reasons why you moved out but you need to be in there for a reasonable amount of time which is around 3-4 months according to a tax lawyer I spoke to before. The above information is what I've heard people doing so in order to ensure you're complying with the legal and tax code I recommend you speaking to a lawyer or tax accountant for your specific situation.

You have the best name! Yes it's 8% for the Provincial and 5% for the Federal. For the Provincial rebate it's 75% of the Provincial portion up to a max of $24,000 and for the Federal rebate its 36% up to a max of $6,300 at $350,000 then it goes down on a straight line depreciation to $450,000 where it will be $0. So if your purchase price is above $450,000 then your rebate maxes out at $24,000. This is the NET purchase price not the actual purchase price as that includes the HST portion.

I'll get back to you on this as I haven't done this with a corporation online before. You can do it manual but that's a bit more tedious.

So when you used the hyphen it went through? That's interesting I never knew that would have caused any issues.

@@realestategame Yes

Wow same thing happened to me, and in my case, it did not allow me to put dash, so I just did a space without comma.

If you read the clients you can see that many people have faced the same issues. I don't know what is going on with the CRA but they obviously haven't figured out this issue. You just need to keep trying until it goes through. I've had other people have success by trying different computers and/or networks. Maybe it has something to do with your internet security? Are you using a VPN?

@@realestategame No I am not using VPN. I tried my work computer/network and personal computer and home network issue persist. I called the number in description they said they cannot assist with My account they are train only for Business account.

Yes it's for business accounts but that's what the HST rebate falls under. You need to speak to the HST department.

Th reason why you had to pay the $24,000 HST rebate to the developer was because it was an assignment. Developers these days will automatically claw back the HST if the property was sold on assignment. Your application was rejected because you probably used the wrong application because if you followed my HST rebate guide for investors, you'll need to show evidence that you rented the property out. If you follow this guide I made specific for owner occupiers you should be able to get your HST rebate back. In regards to your question, I would say yes you should use the same date as this is still the original date of the purchase of the property. You should also send in your assignment consent to show that the developer has consented to you becoming the new owner of the property. I've bought assignments before that I had to file this HST rebate for and I didn't send in my assignment agreement so I won't send this to them unless they specifically ask for it. I think you should be ok with the assignment consent only. Would be interested to see how it goes. I hope you can get your HST back quickly. I actually made this for one of my clients a few months ago and he told me he already got his HST rebate back. His HST was clawed back even though he was an owner occupier but he had a rental clause in his agreement so they automatically clawed back the HST from him.

Thanks, Tim. I'll submit a new application now using your guide and tips and keep you posted on the final outcome.

@@zaidf7907 Sounds good. Let me know if you have any other questions.

Hi Tim, just wanted to circle back here and thank you for your help. CRA approved my HST rebate today!

@@zaidf7907 that’s great, thanks for spending the time to come back and let me know.

You don't need to put this in unless you have an business number. Even if you do, just put no and if you do have one they'll just apply it automatically to there.

Yes you can but did you pay the HST as an owner occupier? If you did then you can claim it back if you didn't then I would still file the HST rebate only if you weren't a first time buyer. This gets a little more complicated if you were. Talk to a tax accountant that understands this stuff for further advice.

No I've personally never had this happen to me before. Are you sure you called the right department? Did they give you a timeline usually on how long it takes for the application to show up on their system? Typically it takes about 2-3 months to get your rebate back so I'm assuming it's in the system but they just don't see it yet. Maybe give them another call and see if they have it before doing it manually. If I were you I'd just submit it online again. Did you call 1-800-959-5525 and speak to the HST department?

I just talked to CRA and she said that it could take up to 4-6 weeks to process. So they won't see it on their end.

@realestategame thank you. I called CRA again, and they advised me to wait another 2 weeks as there is no defined time to when the application will show up on the system. I find it strange as I submitted the application online, and it should reflect right away. Anyway, hopefully, in another 2 weeks, the application will show up at their end, and the processing time I understand is 4 to 6 weeks. Fingers Crossed 🤞

@@amansaini5725 Yes I asked them about this and they told me that's just the way it is. It should be going through the system so I'm sure it will show up if you received the confirmation so I wouldn't be too concerned about it. It takes about 2-3 months to get the money in your account.

Perfect, thank you very much.

No you don't. This form is a part of the online application. It will ask you near the end when they as you for the Ontario Rebate Calculation the Provincial Part of the HST.

Thank you for your quick response ! I was asking this question on your other video - rebate new condo for rental property.

@@queenieto3093 If you do this manually on paper you need to fill in this form but if you do it online this section is already included in the application.

thank you so much for clarifying !

You don't need to put this in unless you have an business number. Even if you do, just put no and if you do have one they'll just apply it automatically to there.

You're welcome, I appreciate your consideration and glad you found the video helpful!

Unfortunately, there's still no way to do this, even in 2024, despite the CRA having substantial funding from our tax dollars. My advice is to call CRA first thing in the morning like before 8AM to talk to them on the status of your application.

That's already a part of the online application if you follow my instructions you'll fill that part in as well. You don't need to upload a separate document for this.

Yes they do. They get land transfer rebate up to $8950. Also this rebate is for everyone who is eligible.