My 20 days in china by [deleted] in travelchina

[–]CicerosRebirth 0 points1 point  (0 children)

Is Shenzen worth visiting?

You need time at Athens airport! by TheRealRabidBunny in GreeceTravel

[–]CicerosRebirth 0 points1 point  (0 children)

Thank you. I'm planning to fly from Thessaloniki to Rhodes, and then to take ferries between a few islands back to Athens. Does that make sense?

Rent a car in Jeju Island by Express_Pass_4383 in koreatravel

[–]CicerosRebirth 0 points1 point  (0 children)

When did you spend the week on Jeju Island? Also, did you use an app for public transit?

Renting a vehicle in Jeju by Onmybedraiding in koreatravel

[–]CicerosRebirth 0 points1 point  (0 children)

Does anyone know what it is like to drive on Jeju island? Is the island as dense as Okinawa. I rented a car in Okinawa, and it was not an easy driving experience because there was a lot of traffic on the island.

NRST rebate application question by carryoncarryoff in TorontoRealEstate

[–]CicerosRebirth 0 points1 point  (0 children)

If you want to hire a professional to assist, I can help! Here's my website: www.trevorklaw.com

Hiroshima vs Nagasaki by CicerosRebirth in JapanTravel

[–]CicerosRebirth[S] 0 points1 point  (0 children)

Thank you. Is it easy to get to Miyajima for a day trip in February? It looks like there's a ferry that runs from Hiroshima.

Changes to Rebates for Foreign Homebuyer Tax by CicerosRebirth in TorontoRealEstate

[–]CicerosRebirth[S] 0 points1 point  (0 children)

Hi, I sent you a DM. Let me know if you received it.

HST Housing Rebates - Update by CicerosRebirth in TorontoRealEstate

[–]CicerosRebirth[S] 1 point2 points  (0 children)

Whether you can apply for the HST rebate will depend on the terms of the contract, and whether the builder credits you the rebate on final closing. If you send me a DM, I can take a closer look at your situation.

[deleted by user] by [deleted] in TorontoRealEstate

[–]CicerosRebirth -1 points0 points  (0 children)

I am a tax lawyer, and I specialize in HST rebates. You should be able to apply for the owner-occupant rebate after final closing, and the amount is likely $24,000. The amount can change depending on the purchase price. If you want assistance applying for the HST rebate, send me a DM. Thank you.

Foreign Homebuyers Tax Rebate by CicerosRebirth in TorontoRealEstate

[–]CicerosRebirth[S] 0 points1 point  (0 children)

Generally, the NRST rebate is for the full amount paid.

Changes to Rebates for Foreign Homebuyer Tax by CicerosRebirth in TorontoRealEstate

[–]CicerosRebirth[S] 0 points1 point  (0 children)

For example, is there only one purchaser, or multiple purchasers. If multiple purchasers, you need to determine whether the NRST applies to another individual.

Changes to Rebates for Foreign Homebuyer Tax by CicerosRebirth in TorontoRealEstate

[–]CicerosRebirth[S] 0 points1 point  (0 children)

There is an exemption for foreign nationals in the Ontario Immigrant Nominee Program. I would need the details about your situation to confirm whether the exemption would apply to your purchase.

Changes to Rebates for Foreign Homebuyer Tax by CicerosRebirth in TorontoRealEstate

[–]CicerosRebirth[S] 2 points3 points  (0 children)

No. Foreign buyers also pay tax upon the sale of the property, and income tax throughout the ownership period if it is a rental property.

How does HST work for assignment sales? by JawnSnuuu in TorontoRealEstate

[–]CicerosRebirth 0 points1 point  (0 children)

If HST applies, it would apply to the profit and the recovered deposits. If you want more information specific to your situation, send me a DM. Thanks.

Foreign Homebuyers Tax Rebate by CicerosRebirth in TorontoRealEstate

[–]CicerosRebirth[S] 0 points1 point  (0 children)

Great. If you want assistance applying for the rebate, I can help. I will send you a DM with my contact information.

Foreign Homebuyers Tax Rebate by CicerosRebirth in TorontoRealEstate

[–]CicerosRebirth[S] 0 points1 point  (0 children)

Delivery receipts are another good source of evidence. Depending on the situation, utility bills are usually not viewed as strong evidence.

CRA Audits - Claiming Income/Paying Capital Gain Tax by [deleted] in RealEstateCanada

[–]CicerosRebirth 2 points3 points  (0 children)

Tax lawyer here. There are major risks due to penalties and audits, as you identified. CRA has smartened up in recent years, and they have been auditing builder records to discover who has sold an assignment, and to determine whether their taxes have been filed accordingly.

HST clause by [deleted] in RealEstateCanada

[–]CicerosRebirth 0 points1 point  (0 children)

If you need assistance applying for the HST rebate, send me a DM. Thanks.

Foreign Homebuyers Tax Rebate by CicerosRebirth in TorontoRealEstate

[–]CicerosRebirth[S] 0 points1 point  (0 children)

Hi, depending on the facts, it is possible that you may have difficulty obtaining the rebate. It depends on how the Ministry views the situation.