GST/HST New Residential Rental Property Rebate — Recover Tax on a New Rental or Basement Suite
What Is It?
CRA offers a new residential rental property rebate that can refund part of the GST/HST on qualifying new long-term residential rental properties.
What Most People Don’t Know
- This is different from the owner-occupant new housing rebate.
- Secondary suites and certain self-builds can matter.
- Short-term rental use usually does not fit the long-term residential rebate structure.