All Questions
Tagged with canada-revenue-agency rental-property
3
questions
3
votes
1
answer
384
views
Is a depreciation claim on a rental property basically always worth it in Canada, given stable income?
As I understand it, in Canada (unlike the US) there is some freedom in how much depreciation expense you can claim for a rental property every year, from 0 all the way up to 4% of the yet-...
- 153
1
vote
0
answers
71
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Paying tax on rental property in UK as a Canadian resident
We left the UK in 2013 and have rented our apartment to friends and family ever since.
We make almost no money from the rental, it barely covers costs and have had to pay out for repairs since we have ...
- 11
1
vote
1
answer
580
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Can you combine multiple rental incomes and expenses for tax purposes in Canada?
I have been reporting my rental properties income and expenses separately using tax filling program called GenuTax.
It's rather time involved, to simplify things I am wondering if it is possible to ...
