Investment Income

Carrying charges and interest expenses can provide significant tax savings—if you know how to claim them correctly. This blog explains what qualifies, how to report them on your tax return, and strategies to maximize your deductions, with examples and common pitfalls to avoid.

Owning a rental property in Canada can be a solid investment, but it comes with important tax obligations. In this post, we dive into how to properly report rental income, which deductions landlords can claim, and key considerations like capital cost allowance, change in use rules, and common tax pitfalls. Learn how smart tax planning can protect your profits.