green_dreams: (lilac 25th may)
[personal profile] green_dreams
...presuming all inspections working out, all approvals obtained, all details sorted...

...we bought a house.

...we started looking at listings Friday.

...we...

...we bought a house.

(no subject)

Date: 2007-12-07 12:16 pm (UTC)
From: [identity profile] psyco-path.livejournal.com
YEAY!

Congrats to the two of you!

House ownership is a great thing!

Do you guys get tax breaks for owning? We get to deduct interest that we pay on our house from our annual tax owed.

(no subject)

Date: 2007-12-07 01:35 pm (UTC)
From: [identity profile] torrain.livejournal.com
I believe we get to deduct mortgage interest, and I know we get a tax credit for property tax. And there's a set-up where you can take up to $20K out of your RRSP to help with buying the home and it doesn't count as income.
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