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Investors and rental owners
Hi, thank you for using Intuit turbotax Live Community
Your gross income from rental is the actual amount you received from your tenant(s). You report all rental income on Canada Revenue Agency (CRA) form T776. After you report your income on the T776 there is a section to report the associated expenses. There is a row for interest expense in the expense section of the T776.
Hope this helps
‎December 24, 2019
8:04 AM