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#1

Ask and answer questions about templates, letters, invoices, mailing labels.


#2

Anyone have a standard letter template for the HBP Election?

Client bought a house in 2014 with full $25,000 HBP. Died summer 2016. Don’t want to add $25,000 to final return and trigger a tax bill.

Spousal income will be CPP survival benefits and a bit of investment income from the life insurance. Even with OAS in a few years, the extra $1,666 won’t make her taxable or blow out her benefits.

Over 20 years in my own practice and this is a first for me.

I could pull one together, but why reinvent the wheel if it’s already out there?