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Can I withdrawal funds from my RRSP to buy a home 4 months after acquiring the property?



Our response:

There are several withdrawal conditions that must be met including, you have to buy or build a qualifying home before October 1st of the year after the year of the withdrawal. We suggest you review this Canada Revenue Agency (CRA) Home Buyers’ Plan (HPB) webpage and or speak to a  qualified tax professional or contact the Canada Revenue Agency (CRA).

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