Question re taxes and a first time buyer
Every year I do my friend’s taxes using ufile. It’s pretty simple...basic income, rrsps and medical. However, last year he purchased a home with one of his siblings. There is no income from this and it is their primary residence. Will this change anything with his taxes? He asked me to do them but I am not sure and I am not an expert on this. Is there anything that needs to be claimed? He has no problem going to a professional accountant but if there is no change I can do them. Thx.