Would the labour cost of installing a new furnace in a rental unit be considered a rental expense for tax purposes, excluding the cost of the furnace itself?

644

Moderator

Apr 14, 2023 4:24:19 PM

No. If you paid someone to do the installation, then the labour cost would be added to the cost of the furnace, when you enter it as an addition for CCA.

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Would the labour cost of installing a new furnace in a rental unit be considered a rental expense for tax purposes, excluding the cost of the furnace itself?