09/29/2026
Everyone says “buy together.” Sometimes that’s the right call. Sometimes it isn’t.
If you’re a couple who isn’t married or common-law yet, the order you buy in can change which first-time buyer programs each of you can use.
Here’s the catch. The rules look at your relationship status at the time you buy. Once you’ve lived together for 12 months, gotten married, or had a child, the picture changes.
Before you try any version of this:
• Ask a mortgage broker how a second mortgage would be approved while you still carry the first one
• Ask an accountant what happens tax-wise when a home becomes a rental
• Check the strata bylaws on renting before you buy, not after
Not sure where you’d fall? Send me a message. I’d rather walk through your numbers with you before you make an offer.
This is general information, not tax or legal advice.
Katie Chao, REALTOR® PREN Behroyan & Associates 778-834-3085 | katie-chao.com