Hi @rtax9
Thanks for your question. You can deduct any reasonable expenses you incur to earn rental income. The two basic types of expenses are current expenses and capital expenses. For more information on what the CRA considers a current or capital expense, go to Current expenses or capital expenses.
Some expenses you incur are not deductible. For more information, go to Rental expenses you cannot deduct.
If you are modifying a building to accommodate persons with disabilities, buying an older building, or encounter other situations, go to Capital expenses – Special situations.
More details are available on the CRA website.
