Yesterday I was fortunate or some may say I was (un-fortunate) to voluntarily attend a 2 hour seminar in the morning by the CRA (Canada Revenue Agency) and in the afternoon a 2 1/2 hour meeting of brokers of record (principle owners and head administrators) about HST at our LSTAR (London St.Thomas Association of REALTORS).
The biggest thing I noticed was the misconception and uncertainly of HST and how it reflects on real estate and why July 1 is a very important date.
From now to July 1, 2010, before you enter or consider a transaction regarding real estate, ensure you engage the advice of a knowledgeable REALTOR who has attended HST updates and can advise you of the correct steps and dates to use when buying or selling real estate in Ontario.
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