3 May 2010 External T.I. 2010-0358881E5 F - CIRD - construction d'un logement -- summary under Ownership

Whether property used in renovation work on a home that was being constructed turned on whether the individual was the owner of this housing unit at the time of the renovation work. In this regard, CRA stated:

In the situation where an individual constructs the individual’s housing unit on land owned by the individual, it is generally the CRA's view that the individual will be considered to own a housing unit for HRTC purposes as soon as the housing unit is habitable.

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