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New Member
posted Oct 29, 2019 11:01:53 PM

Do i need to declare inventory if i run an equipment rental company?

Hello,

I manufacture equipment using raw materials and then rent out that equipment income. The income made is less than $5,000. Do I need to declare inventory in T2125? I never sell the equipment.

Thanks!

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1 Best answer
New Member
Oct 29, 2019 11:01:55 PM

You would have an inventory of raw materials as well as a rental equipment inventory.

1 Replies
New Member
Oct 29, 2019 11:01:55 PM

You would have an inventory of raw materials as well as a rental equipment inventory.