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Great News on First Time Home Buyers Tax

Blog by Diane Cardoso | February 27th, 2014

Great News out of Victoria this past week!!!!  The First Time Home Buyer's Tax Exemption Program (PTT) has been increased.  After February 19th, 2014, all first time home buyers will be EXEMPT from paying the transfer tax on home purchases up to $475,000 and an additional partial exemption up to $500,000 is also available.