FHSA and renting
My wife and I are looking to buy a condo and we’re looking at different scenarios with their financial implications, one being renting the condo out for the first years (as we’re not ready to move in yet) before moving in ourselves.
We would like to use our FHSA accounts because otherwise we will loose the ability to use them on another purchase if we are already home owners (from my understanding).
Am I correct to assume that if we make the property our principal residence for a couple of months during the first year of the withdrawal , we can then rent our the property without a financial impact?
The rules of the FHSA qualification are not very clear. Looking for someone who has maybe already done this?
Posted Jun 27, 2026, 7:22 AM UTC
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