Canadian Money Forum banner

Discussions Showcase Albums Media Media Comments Tags

1-10 of 13 Results
  1. Taxation
    My wife paid the rent for my mother-in-law's long term care, how can I claim this rental payment? Can I put it in line 33199 of my return? Thanks!
  2. Taxation
    Hi, I live in a rental unit, and I made a roommate agreement with another person who is only listed as the occupant with me, and not as the lessee. I am basically have sole responsibility of paying the rent for the unit we live in. I have no family/relative relation with my roommate. The...
  3. Taxation
    My spouse and I have worked from home since the very start of the pandemic (March 16). We rent a house and pay a considerable amount of rent ($3500/month) so it may be better for us to use the detailed method to deduct home office expenses than the COVID flat rate method. We both have received...
  4. Real Estate
    Hi, I have been going to school in sudbury for the last 5 years, and I have been staying in the same apartment that whole time. This is my final year of school, so I dont plan on moving out until I finish. I have a good relationship with my landlord, never missed a payment and we get along...
  5. Taxation
    Hi all, My brother and I are looking at starting a small billboard advertising business in our home town. The boards will be similar to the pattison boards. A bit of info: - We will be financing and building the signs ourselves. - No other employees/owners other than myself and my brother...
  6. Real Estate
    Landlords, what data do you use for figuring out how much to charge for rent?
  7. Taxation
    Hi: I don't know if anyone can answer this for me (or if I am in the correct forum to ask), but I live in Ontario (working from my home each Monday and Friday), but work in Quebec (Tuesday, Wednesday & Thursday of each week). Can I claim my rent in Montreal as a business expense? Thank You Ben
  8. Real Estate
    Hi, I am planning to buy a home in Edmonton with around 4 bedrooms (bedrooms are not in basement). I want to be staying in the home and also give other bedrooms (basement is not given for rent) for rent. 1) If I stay in one room and give other THREE bedrooms (not in basement) for rent, do I...
  9. Real Estate
    Now and historically? The typical recommendations out there is that you should not spend more than anywhere from 25% to 35% of your net income on rent or mortgage (incl. other housing expenses? such as prop. tax, mortgage insurance, etc.). I'm curious to know what the real #s are for people...
  10. Taxation
    Hi, I'm a contract engineer being hired on a 9 month job through my incorporated company. I'll have to find a place near the job where I'm to spend the weeknights, but I'll be home for the weekends. Can I expense the rent on this place? Utilities, internet, etc.? The stuff I've read online...
1-10 of 13 Results