TurboTaxLise
Moderator

Investors and rental owners

To be rental income, you have to run rental operation with an expectation to earn profit, if you are charging money from a friend and family member to share cost, this is not rental income and not required to be reported. 

More from the CRA here:  http://www.cra-arc.gc.ca/tx/bsnss/tpcs/rntl/fmv-eng.html

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