A Quick Guide to LTT Rebates

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When it comes to Land Transfer Tax, you already know there's a rebate available for First-Time Home Buyers.

A few weeks ago, I explained exactly who qualifies as a First-Time Home Buyer — and before that, we covered the maximum amounts available.

But when it comes to how those rules apply in real-life ownership setups, things get a little more confusing.

What happens when a parent is added to title for financing?
Or when one spouse owned a condo years ago?
Or when two friends are buying together?

These are the kinds of questions that come up all the time — and the answers aren’t always obvious.

To make things easier, I’ve created a quick-reference chart showing how the Land Transfer Tax (LTT) and Municipal Land Transfer Tax rebates apply across four different ownership structures.

You’ll see exactly when your buyer clients qualify — and when they don’t.

It’s a great tool to keep handy when budgeting with clients — especially in Toronto, where double taxation makes these rebates a big part of affordability.

The better you understand how these scenarios play out, the more confidently you can advise your buyers upfront — and avoid surprises down the line.

Have you come across other ownership setups that caused rebate confusion?

If there’s a scenario you’ve dealt with that’s not on the chart, let me know — I’m happy to add it.