5 Questions on the 13% HST in Toronto Real Estate

#CondoWong #TorontoCondos #TorontoRealEstate #RealEstateHST

In Toronto real estate, do the prices include the 13% HST?

Well, yes and no.

In this video, Dan shares the answers to the top 5 questions on the 13% HST in Toronto real estate:

1. What type of residential real estate is subject to HST?

2. Who is responsible for paying the HST?

3. When is the HST paid?

4. How can you get an HST rebate?

5. Why is the government creating this rebate process?

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The CondoWong Story - https://www.condowong.ca/
From an Engineer to a Real Estate Broker

Dan came to Canada alone in 1991 after he finished high school in La Salle College in Hong Kong. He graduated from the University to Toronto with a degree in Electrical and Computer Engineering. He worked in a few giant technology companies designing chips for high definition TVs. A high pay job was just an illusion of stability as engineers in the high-tech industry were famous for long working hours and layoffs.

Stocks? Real estate? Start a business? He decided that the best option at the time would be to buy a couple condos and rent them out. His condo buying experience of “Sign here, sign here, sign here. Congratulations! Bye!” inspired him to put engineering and real estate to put engineering and real estate together to create value.

He started a real estate brokerage with his own brand “CondoWong”. In 8 years’ time, he had over 100,000 views on his YouTube videos and he has helped 2,297 clients build more wealth.