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#1
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Re: Canadian/mortgage/no job but poker
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I didn't know that. If I decide to buy I'd be putting down at least 60%. My concern would be that even if the bank does not verify income I don't know if admitting to income is a good idea. CRA might hire one individual who is actually competent and I might have the bad luck of having my file end up on his desk. [/ QUOTE ] lol Here's a tip. Once you put 60% down, and are paying off a mortgage, CRA is going to wonder where that money is coming from. |
#2
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Re: Canadian/mortgage/no job but poker
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Here's a tip. Once you put 60% down, and are paying off a mortgage, CRA is going to wonder where that money is coming from. [/ QUOTE ] I don't know. I claimed my Ontario Rental Credit on $32k/year in rent while claiming my income was under $300/year for 5 years and CRA never noticed. The last 2 years I decided it was not worth pushing my luck so passed on the credit. CRA is not that bright. |
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