Real Estate

Deductions for a rental property

  • Last Updated:
  • Dec 11th, 2019 4:16 pm
[OP]
Deal Addict
Jan 13, 2014
1666 posts
594 upvotes
Calgary

Deductions for a rental property

Need some advice on this. My tax accounting 101 is a bit rusty. What expenses can you deduct for rental property?

- interest expense
- condo fees
- property tax
- travelling to and from rental property? (at what rate or mileage expense)

Any tips or advice would be great. I do not want to claim CCA even though property has gone down in value.
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