First-time buyer



Roni is purchasing her first dwelling. Because she works away from home, she rents it out with the view to possibly moving in there one day if her work situation allows. At the end of the day that is the effective date of the transaction, Roni owns one dwelling, so she will not pay the ADS.

However the "two dwelling rule" does not apply to purchases made by an individual in the course of a business the sole or activity of which is investing or dealing in property (see Example 19).

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