Curated
Short-Term Rental Tax Deductions Denied In Canada: New Income Tax Act Rules Target Non-Compliant Landlords
Canadian landlords operating short-term rentals now face strict new limits on claiming tax deductions if they fail to follow provincial or municipal rules. The Canada Revenue Agency can deny expenses related to short-term rental properties under the updated Income Tax Act.
Rotfleisch & Samulovitch P.C.