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m-bosse83
New Member

My one income property is not a business why do I need to enter a fiscal date and what would it be?

 
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My one income property is not a business why do I need to enter a fiscal date and what would it be?

In the eyes of the CRA, for tax purposes, it is considered a "business" as you are earning income from it, which is why you must enter the fiscal date, which would be January 1 to December 31, 2019.

Please review the links provided below for more detailed information on rental income: