RSP First time home buyer
Hi
My friend would like to purchase his first home this year.
He never own a property and he never made any RSP contribution.
If he make $25,000 RSP contribution this month and withdraw before Dec for closing, does he still get tax refund for $25,000 for the contribution he made this year while his $25,000 withdraw counts as first time home buyer?
thanks
My friend would like to purchase his first home this year.
He never own a property and he never made any RSP contribution.
If he make $25,000 RSP contribution this month and withdraw before Dec for closing, does he still get tax refund for $25,000 for the contribution he made this year while his $25,000 withdraw counts as first time home buyer?
thanks