here is how you can save on taxes by using the First Home Savings Account here in Canada

here is how you can save on taxes by using the First Home Savings Account here in Canada #fhsa #canada #personalfinance

Пікірлер: 9

  • @baliharkhuber4733
    @baliharkhuber47337 ай бұрын

    If you were able to buy the house cash, could you use this benefit for the downpayment and just pay the rest off right after?

  • @arshdeepsingh1789
    @arshdeepsingh17898 ай бұрын

    Hi Thanks for explaining FSHA, my question to you is should I invest in FSHA or RRSP or both(FSHA &RRSP)???

  • @HoppingPuddles
    @HoppingPuddles6 ай бұрын

    On 100K what does the 8K roughly produce in refund? Like 3K?

  • @GabbiBoVadnais
    @GabbiBoVadnais6 ай бұрын

    This is awesome finally I got it, but now the question is: Will they charge me the tax when I use my RRSP? Thanks in advance 😊

  • @whoozin11
    @whoozin11 Жыл бұрын

    Just wondering if there is any penalty incurred if you max out an FHSA and don't use the money for the purchase of a home? Appreciate the videos!

  • @ZacHartley

    @ZacHartley

    Жыл бұрын

    No, you can transfer it to a RRSP

  • @chiefvela5939
    @chiefvela59396 ай бұрын

    Roth ira too?

  • @nicholaschoi8096
    @nicholaschoi809610 ай бұрын

    can i defer tax deductions? I'm 19 years old

  • @ProfessionalCleancutguy

    @ProfessionalCleancutguy

    8 ай бұрын

    Yes, you can.