Quote:
Originally Posted by GLOW
unless the rules have changed, i used my 1st time home buyer on my 1st house while my wife had a condo. but we were living in the house so i'm not sure if that matters.
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For clarity...
The BC First Time Home Buyer's would allow your spouse to claim it as long as she is not on title on the first house. However, it would require you to live in the new unit for a year to qualify.
First Time Home Buyers' Program - Province of British Columbia
On the other hand, the Federal Home Buyer's tax credit is NOT eligible if you or your spouse has owned any real estate in the past 4 years.
https://www.canada.ca/en/revenue-age...rs-amount.html
-Mark