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rlremesch
New Member

On sale of a rental property, can you deduct portions of strata fees which related to personal use, ie capital reserve and property taxes?

 
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On sale of a rental property, can you deduct portions of strata fees which related to personal use, ie capital reserve and property taxes?

If you earn rental income from a condominium unit, you can deduct the expenses that you would usually deduct from it. You can also deduct condominium fees that represent your share of the upkeep, repairs, maintenance, and other current expenses of the common property. Please refer to CRA article: Other rental expenses

 

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