What expense can I deduct from rental income?

[amoney1]

As per CRA (Canada Revenue Agency),

The following is a list of expenses that are deductible:

• Advertising
• Insurance
• Interest and bank charges
• Office expenses
• Professional fees (includes legal and accounting fees)
• Management and administration fees
• Repairs and maintenance
• Salaries, wages, and benefits (including employer's contributions)
• Property taxes
• Travel
• Utilities
• Motor vehicle expenses
• Other rental expenses
• Prepaid expenses

For full information view link below:

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/rental-income/completing-form...

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