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Kyle C

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Everything posted by Kyle C

  1. I purchased a home with two other people. I have no spouse (my co-owners are however each-other's spouses) Do I put 5 000 in the "…portion of the home buyers' amount..." field? Or do we divide it 3 ways? Something else? (I assume the same answer applies to the 10 000 for the SK portion) Do we need to coordinate what we put in these fields? Or otherwise reference each-others documents in some way? Bonus points if you can tell me what they should do when they file, considering they each have a spouse and myself as co-owners. Notes: None of us have owned a home previously, and everything for the three of us is based entirely in Saskatchewan. (We are co-borrowers on the home as well if that makes a difference)
  2. I imported my T4s, but one of my employers' names is throwing a warning: "The length of '[my employer's name]' should not be greater than '40' characters" The name is 45 characters long. Is there a convention for how to truncate this? Do I: Drop the last 5? (_INC.) Abbreviate SASKATCHEWAN to SK? Cut out the 6 spaces? Something else?
  3. I'm very confused about the co-owner situation. I purchased a home with two other people. I have no spouse (my co-owners are however each-other's spouses) Do I put 5000 in the "…portion of the home buyers' amount..." field? Or do we divide it 3 ways? Something else? And what do you mean by "if the new home is co-owned by someone other than your spouse, you must also enter the information in the other person's file"? Where would I put what? Bonus points if you can tell me what they should do when they file, considering they each have a spouse and myself as co-owners. Note: Saskatchewan
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