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Frequently
Asked Questions

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Can I take money out of my RRSP to fund the down payment for my rental property?

Rental properties do not qualify for the Home Buyers Plan. However, you may be able to withdraw RRSP funds, aside from the Home Buyers Plan, to assist with your down payment.

If not, you will need to use other savings to fund the down payment of a rental property.

For more information contact us.