18/04/2023
**🚨ATTN: First time homebuyers, here is an UPDATE for you that you don't want to miss out on**:
How to take advantage of the new tax-free first home savings account!
"Tax-free in; tax-free out"
What is the First Time Home Buyer Savings Account (FHSA) ?
The FHSA gives first time home buyers the ability to contribute up to $40,000.00 for their future down payment on the purchase of their first home in Canada and save on a tax-free basis.
The FHSA combines both the registered retirement savings plan (RRSP), which is a tax-deductible contribution, and the tax-free savings account (TFSA), which is the tax-free withdrawal of all contributions, investment income and growth earned in the account when used to buy a first home.
If you have any questions about how this program works, who can qualify, or need advice on purchasing a property, you can always
☎️647-700-4921
📧 [email protected]
Read the full article on my LinkedIn👇👇:
https://www.linkedin.com/posts/sarapuentemortgagesandrealestate_callthepuentes-laotzu-uptownfinancialmortgages-activity-7054150222939099136-gTLt?utm_source=share&utm_medium=member_desktop🙏
Together, let's build the bridge🌁 to your wealth.
“The journey of a thousand miles begins with a single step.” –
Uptown Financial Mortgages Inc.
Uptown Realty, Inc
Dominion Lending Centres Uptown Financial Mortgages • Each Office is Independently Owned & Operated • Brokerage #13478
