Rental Income Video – Canada Tax – Renting Part of Your Home

Renting part of your home in Canada allows you to have extra income to cover some of your household expenses. As you can deduct the costs associated with the rental portion of your home. The net rental income is taxable on your personal income tax return.

See what Sam Seidman, CPA, CA, LPA from torontoaccountant.ca website has to say about renting part of your home in the above video.

 

Contact

Sam Seidman, CPA, CA, LPA
629 Sheppard Avenue West
Toronto, Ontario
M3H 2S3

Telephone: (416) 398-1700
Fax: (416) 398-6226

Chartered Professional Accountant, Chartered Accountant, Licensed Public Accountant

Email: sam@torontoaccountant.ca

Contact Sam today