Novus Property Management

The Toronto rental market is at an all time high. Are you getting the most out of your investment? Give Novus a call and let us ensure you are. .

Have you recently closed or taken occupancy of a new build condo unit and plan to lease it out? Are you aware of the New Residential Rental Program (NRRP). Did you know you may be eligible for a HST rebate?

Are you one of the following:

1. landlord who purchased a newly constructed or substantially renovated residential rental property

2. landlord who built your own residential rental property

3. landlord who made an addition to a multiple-unit residential rental complex.

If you can provide minimum a 1 yr lease you may be eligible for rebate and you have up to 2 yrs to file. Unfortunately less than 10% of investors file.
If you have any questions please feel free to contact us we're here to help.
Please find attached link to form and further info.

GST/HST new residential rental property rebate - Canada.ca GST/HST - Find out if you are eligible for the GST/HST new residential rental property rebate, which GST/HST new residential rental property rebate you can claim, and what information to include with the rebate application and what records to keep

The biggest mistake new real estate investors make is treating it like a hobby and not a business. Set a plan, know your strengths/weaknesses and get professional help.
If you're looking for a hobby we can recommend some great continuing education programs at less than 1% of the cost.