Posts Tagged: rental income

What Are The Tax Implications For Rental Income Properties?

With the rising inflation, owning a house in Canada is getting very expensive so many homeowners earn rental income by renting out space in their primary residence or from a separate rental property. According to recent a CIBC poll, more than one in four Canadian homeowners are either already landlords (15%) or plan to earn

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Disclaimer: This information does not replace the advice of a tax professional.

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