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GST Payable on Multifamily Purchase

HeatherBrandt

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Aug 30, 2007
Messages
320
Hi all,

I got into a conversation with a realtor about GST payable on purchase of a multifamily property (apartment building with no commercial component). I knew the answer was no, but do you think I could find it in black and white on the gov`t website? No, and even a phone number was hard to find.

If you have questions about this topic, the phone number is 1-800-959-8287. A fellow named Frank is the GST expert. (...and the reference: Section 2, Part 1, Schedule 5 of the Excise Tax Act).
 
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