could i withdraw rrsp to buy the seconed house under home buyer plan

[lucyqxy]

could i withdraw rrsp to buy the seconed house under home buyer plan? does anyone know about it.
there is 10 year apart .

 

[mortgagegopher]

could i withdraw rrsp to buy the seconed house under home buyer plan? does anyone know about it.
there is 10 year apart .

It depends .... You need to meet the 'first-time buyer' requirements 'again'. Read my post at http://bbs.comefromchina.com/forum123/thread538785.html

More Details at CRA web site HBP Condition - First-time buyer

 

[sharonsun]

你能给我你的电话吗？我比较有兴趣这个话题？以前买第一个房子时，没有RRSP,现在要买第二个房子，第一个房子准备出租，不知能否满足这个条件？

 

[www]

I don't think you can use HBP, read CRA website that mortgagegopher gave to you:

You are not considered a first-time home buyer if you or your spouse or common-law partner owned a home that you occupied as your principal place of residence during the period beginning January 1 of the fourth year before the year of withdrawal and ending 31 days before your withdrawal.

 

[mortgagegopher]

你能给我你的电话吗？我比较有兴趣这个话题？以前买第一个房子时，没有RRSP,现在要买第二个房子，第一个房子准备出租，不知能否满足这个条件？

Agree with 'www'.

第一个房子准备出租
-> You have lived in the 1st home for the last 5 years.
--> 你不能满足这个条件.