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Can i cash in my rrsp to buy a rental property

 
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Asked by

Gerardo


Can i cash in my rrsp to buy a rental property?
0     In Property

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    Q. What happens if you cash in an rrsp to buy property?


    "What is the tax rate when i withdraw some of my rrsp money..."



    What is the tax rate when I withdraw some of my RRSP money? I know there is an amount taken off right away but what is the rate payable at tax time?

    This answer closely relates to:
    • Cash my rrsp to buy a rental
      • I am unemployed and want to cash in a rrsp what is my tax rate?
      • If i cash in my rrsp at what rate of interest will i pay in saskatchewan?

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    Can you help us by answering one of these related questions?
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    5. If i cash in my rrsp at what rate of interest will i pay in saskatchewan?
    6. If i cash in 15000 rrsp how much income tax will i pay in ontario?
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