Investors and rental owners

Hello,

The transfer of GIFI code 8691 to line 123 of the S1 is as designed due being insurance on executives.  That being said there are a few different life insurance GIFI's available at your disposal some examples are 8621, 2427, 8248 etc...  I will not be able to tell you which one specifically to take due to not having all the information and not being a fiscal expert on the subject.  If you are still looking for further guidance I would recommend contacting the CRA tax tip line at 1-800-267-6999.