Topic · 5 articles

Canadian rental tax

Articles

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  Canadian rental tax and records

  Canadian rental deductions: what records and costs belong in your return?

  Separate Canadian rental deductions from principal, personal spending and capital costs, with interest-tracing examples and a practical tax-record workflow.

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  Canadian rental tax and records

  ACB, capital cost, and UCC: three records you should not mix up

  Understand rental ACB, capital cost and UCC with a Canadian land-and-building example, acquisition records, improvements, CCA and separate sale calculations.

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  Canadian rental tax and records

  Should you claim CCA on a rental? Look beyond this year's tax bill

  Compare claiming no, partial or maximum rental CCA in Canada, including rental-loss limits, later recapture, tax-rate assumptions and the value of deferral.

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  Canadian rental tax and records

  Renting your basement: allocate expenses without deducting your whole home

  Allocate Canadian basement-rental expenses between direct, shared and personal use, with a worked example and separate change-of-use and CCA considerations.

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  Canadian rental tax and records

  Short-term rental taxes in Canada: guest damage, reimbursements, and compliance

  Classify short-stay repairs, replacements and damage payments in Canada, then check non-compliant rental deductions, personal use and GST/HST responsibilities.