We have a condo that we advertised to rent out last year however it was never rented can we deduct condo fees and mortgage interest etc

[robbieneil99]

We originally purchased the Condo in 2017 for our son to go to school. that did not work out and he moved out of the unit. we have tried using a property manager to rent the unit. We were unable to get a renter into the condo and now have the unit for sale. I would like to know if we can deduct any of the expenses we have incurred on it

[TurboTaxLise · Accepted solution]

Yes, as long as you show proof of the attempt to rent the unit, you can claim these expenses.

Here is more from TurboTax Tips:  Tax Deductions on Rental Properties - https://turbotax.intuit.ca/tips/tax-deductions-on-rental-properties-6382

Here is more from the CRA: Rental expenses you can deduct - https://bit.ly/2fWTxri

Always keep a detailed log of all information pertaining to your rental property for the CRA if needed.