Have you heard of sale-leaseback or leaseback? It is a business model where the developer rents the house back to you, manages the property for you, and pays you a fixed rent every month.
For developers, this model can quickly collect funds and invest in the next project, and for those who buy investment properties, it reduces the trouble of renting out the property. It seems to have many advantages, but if you buy such a sale-leaseback investment property, it is very likely that you will not be able to participate in the new housing rebate, and you may even have to pay taxes. Why is this?
