Investors and rental owners

Vehicle expenses for rental properties are only tax-deductible in certain situations. From CRA:

If you own one rental property - You can deduct reasonable motor vehicle expenses if you meet all the following conditions:

  • you receive income from only one rental property that is in the general area where you live;
  • you personally do part, or all, of the necessary repairs and maintenance on the property; and
  • you have motor vehicle expenses to transport tools and materials to the rental property.

If you own multiple properties, you may be able to claim additional expenses. Learn more here: https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/rental-income/completing-form...

If you are eligible to claim motor vehicle expenses, enter these in the rental section of your return. On the Rental Profile screen, check the option for Auto Expenses, Interest, or Lease to have the screens appear. You cannot claim car loan payments but you can claim interest on the loan.