Jordy Brisbin

REALTOR® in Vancouver BC

  Buy a Home

Let me help you every step of the way. When purchasing a home, you are faced with a multitude of decisions!

  Sell your Home

When choosing to sell, I am always dedicated to getting you top dollar for your home in a timely manner.

  Start your Search

Know exactly what you are looking for in your next home? With our search tools you can narrow down your search...

  Home Evaluation

Recent trends and home sales gives me an accurate analysis of your homes worth...

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$5,000 First Time Buyers Income Tax Credit

Qualified First Time Buyers may be eligible for a income tax deduction. The maximum deduction is $5,000, so if more than one person is buying the property jointly, no more than the total of $5,000 can be claimed. The tax credit as of 2009 was 15% of the $5,000 deduction, for a maximum of $750.
 
For persons with disabilities, it is not necessary to qualify as a first time buyer. To read more about qualifying with disabilities, click here.


Qualifying home

A qualifying home must be registered in your and/or your spouse’s or common-law partner’s name in accordance with the applicable land registration system, and must be located in Canada. It includes existing homes and homes under construction.
 
The following are considered qualifying homes:
  
  • single-family houses;
  • semi-detached houses;
  • townhouses;
  • mobile homes;
  • condominium units;
  • and apartments in duplexes, triplexes, fourplexes, or apartment buildings.

  

Note
A share in a co-operative housing corporation that entitles you to own and gives you an equity interest in a housing unit located in Canada also qualifies. However, a share that only gives you the right to tenancy in the housing unit does not qualify.

Contact Me Anytime

604-839-2891

Sutton-Centre Realty

3010 Boundary Road

Burnaby, BC

jbrisbin@sutton.com