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?
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?
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?
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.
‎April 14, 20234:24 PM
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