Little-known tax deductions landlords should consider
From travel costs to collect rent, to picking up the tab for a service provider’s lunch, to the cost...
Income Properties
Advice for cash-strapped renters and landlords during COVID-19
The first step is calculating how much money you need to cover necessary expenses, and compare that with how...
What to do with a rental property when you owe more than it’s worth
Oil prices have tanked and Renee wants to sell her rental property in Fort McMurray, but she owes more...
How does income from a rental property create RRSP contribution room?
And, perhaps more importantly, should Jerry, who’s retired, claim RRSP deductions or the capital cost allowance, to reduce his...
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Claiming income on a co-owned rental property
Marie, who owns two rental properties with her spouse, noticed that their tax preparer didn't allocate the income 50/50....
What you need to know about REITs
Learn what a real estate investment trust is, how to invest in one, the pros and cons, what kind...
Should you borrow to pay expenses on an investment property?
Garry, who’s retired, needs additional cash to cover the cost of maintaining a property he rents out. Should he...
“When should I claim the cost of renovations to my rental property?”
Whether to write off the cost of renovations annually, or upon the sale of the property, depends on how...
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Renting out a suite on Airbnb could endanger your mortgage
Mortgage lenders generally like it when borrowers use their property to earn extra income. But some home-rental circumstances make...