Downpayment
Hello,
Preparing to pay the downpayment in the near future. We have funds in rrsp, tfsa, non-reg and my spouses business account. What order should we withdraw the funds to pay the down payment?
I was thinking rrsp, non reg then tfsa. We don't need to touch the business account cause I think this will suffice to pay the downpayment.
My rrsp has around 25k and his around 40k, I understand we bought can withdraw $35k each for first time home buyers plan. Since I've not reached $35k, I'm going to lose a bit of room from that plan. Any ideas?
Thanks in advance
Preparing to pay the downpayment in the near future. We have funds in rrsp, tfsa, non-reg and my spouses business account. What order should we withdraw the funds to pay the down payment?
I was thinking rrsp, non reg then tfsa. We don't need to touch the business account cause I think this will suffice to pay the downpayment.
My rrsp has around 25k and his around 40k, I understand we bought can withdraw $35k each for first time home buyers plan. Since I've not reached $35k, I'm going to lose a bit of room from that plan. Any ideas?
Thanks in advance