hsrakkar
New Member

Can I claim legal fee, property appraisal fee and land transfer tax paid to purchase a rental property during 2017?

 

Investors and rental owners

You cannot deduct land transfer taxes you paid when you bought your property. Add these amounts to the cost of the property.

You can read more here: https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/rental-income/rental-expenses...

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