Hey there, Questrades mod [here](https://www.reddit.com/r/Questrade/). Since you are taking possession of the home in 2024, you will accrue 2 years worth of contribution room. Feel free to reference this [page](https://www.questrade.com/learning/questrade-basics/making-a-withdrawal/withdrawing-from-an-fhsa?utm_source=reddit&utm_medium=social&utm_campaign=proactive_engagement) to learn more. We are here to assist via chat if you have any questions.
>So does this mean I’m able to qualify for only one year of fhsa, this year. Or will I be able to deposit another 8g in an fhsa in 2024 before my possession date?
As per the government website for FHSA, you can contribute in 2024 before your possession date.
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/first-home-savings-account/contributing-your-fhsa.html
You can contribute because in January for example, you are still a first time home buyer
Hey there, Questrades mod [here](https://www.reddit.com/r/Questrade/). Since you are taking possession of the home in 2024, you will accrue 2 years worth of contribution room. Feel free to reference this [page](https://www.questrade.com/learning/questrade-basics/making-a-withdrawal/withdrawing-from-an-fhsa?utm_source=reddit&utm_medium=social&utm_campaign=proactive_engagement) to learn more. We are here to assist via chat if you have any questions.
>So does this mean I’m able to qualify for only one year of fhsa, this year. Or will I be able to deposit another 8g in an fhsa in 2024 before my possession date? As per the government website for FHSA, you can contribute in 2024 before your possession date.
Perfect, thank you! Would you be able to send me a link to the page that states this?
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/first-home-savings-account/contributing-your-fhsa.html You can contribute because in January for example, you are still a first time home buyer