Real Estate features 6 February 2023

MultiGenerational Home Tax Credit in Canada

Do you live or want to live with your loved ones who is a senior or with a disability?

If Yes, then this post is for you. Expanding your family to a new home or an additional build to your existing one is now more doable than ever.

The MultiGenerational Home Tax Credit in Canada is an exciting new initiative that provides up to $7,500 in support for constructing a secondary suite for a family member who is a senior or an adult with a disability. Starting January 1, 2023, this tax credit will help ease the burden of creating a safe, comfortable, and accessible home for your loved ones.

With this tax credit, you can ensure your family member will be able to access the care and support they need, while still maintaining their independence and autonomy.  This is a great opportunity to move in a family member while receiving the financial support you need to make it happen.

Here is the link for you to know more: https://tinyurl.com/9fzkcww8 (https://tinyurl.com/9fzkcww8)

If you want to look into moving into a bigger home for you and your extended family, let me h elp you. Send me a message now!