by Erik
(Toronto)
Where To Report Rental Related Expenses
I have a rental property in the US and Canada. I am not incorporated.
I drive around to look at possible purchases, where do I expense those trips?
In my T776 or in a T2125?
All of the income from the properties is in the T776 so the T2125 would be shown as a loss.
PS Great site. I learned that I couldn't expense my home office without prorating hours :(
Comments for Rental Related Expenses on T776 or T2125?
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