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Renting portion of my primary residence
Greetings,
I am renting %40 of my primary residence based on sq footage, could you please let me know how I can enter expenses on TurboTax and how CRA will know I am only renting small portion of my house (%40) so that it will not be considered as a capital gain in that tax year.
let’s say my property tax is $5k and %40 of it is $2k, but if I enter $2k, CRA does not know that I am only renting small portion of the property…
your response would be much appreciated.
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March 16, 2023
5:50 AM