When an individual enters into a purchase and sale agreement for one of the main purposes described in the section “Main objective: sale of the house or interest in the house or the rental of the house in certain circumstances), the sale of the shares of the house (or the house itself) is usually made as part of an adventure or concern in the nature of the business or, depending on the circumstances, as part of a transaction. If it is established that an individual sells an interest in a new home as part of a transaction or an adventure or business or business concern in the type of business, it is presumed that the individual entered into the purchase and sale contract with the main effect of the sale of the house or a stake in the house. When a person other than an individual (for example. B an organization) is an entrepreneur, as described in the section “Main purpose: sale of the house or participation in the house or rental of the house in certain circumstances” and that the person enters into a contract to buy and sell for a new home, the sale is subject to the home participation of the GST/HST, whether the sale takes place in the context of a business, an adventure or a business in the wild. Like Wayne, many investors may not be aware that orders for pre-constructing real estate or new or essentially renovated real estate are subject to GST/HST. More importantly, the entire assignment value, including funds that are given as deposits to a contractor by the contractor, is considered part of the transfer consideration submitted to GST/HST. Savvy real estate investors are constantly finding new ways to maximize their profits in no time. In addition to buying, selling and leasing traditional real estate, many investors are buying real estate through the sale. Assignment is a concept that most people generally understand, but when it comes to particularities – especially when taxation comes into play – I think it is a real estate investment sector that could use a bit of exploration. As a general rule, when entering into a contract to build and sell a new home, the first buyer is considered to be a participant in the house.