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RRSP first time home buyer question
posted on
Dec 11, 2009 03:26PM
If I understand correctly you can put money into an RRSP, and when you purchase your first home/house you can take that money out with no special tax obligations?
Also is there any timing issues, could you put in 10k into an RRSP, then one month later buy a house and pull the money out of the RRSP and still get credit for your RRSP deductions? assuming that you do it the year after you put them in?
