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New Member

Can I claim equipment that I owned prior to purchasing my rental property such as snow blower, mower, etc?

I reside on the property in a cabin and the main house has a suite with two sets of tenants. Equipment is used to maintain the property. Tenants occupy 75%. I moved with some existing equipment. Can I claim capital cost?
1 Reply

Can I claim equipment that I owned prior to purchasing my rental property such as snow blower, mower, etc?

Yes, you can as you use to maintain the grounds that your occupants are in, on your rental property.

Please review link below for more assistance with your rental claims and expenses:

About rental income and expenses