by clay | Jul 17, 2020 | Edmonton Bookkeeping
It is very important for people who own rental properties to understand that this is personal income according to Edmonton bookkeeping. That the income they generate from renting out their properties needs to be claimed on their personal taxes. Many property...
by clay | Jul 17, 2020 | Edmonton Bookkeeping
Many people who have purchased rental properties for the first time have a sharp learning curve says Edmonton bookkeeping. Not just the fact that they can report their rental income personally. But once they do that, there rental expenses can then be claimed on...
by clay | Jul 17, 2020 | Edmonton Bookkeeping
Until a property owner with rental income has been through one tax return before says Edmonton bookkeeping. They may not realize that certain rental expenses can be claimed. They might not think that they can claim rental expenses on their personal tax return....
by clay | Jul 17, 2020 | Edmonton Bookkeeping
Many people who have purchased a rental property for the first time might not know that the income they get from renting their property is considered personal income says Edmonton bookkeeping. They might think that it is considered a business. And that they...
by clay | Jul 17, 2020 | Edmonton Bookkeeping
One thing that many property owners may not realize says Edmonton bookkeeping. Is that the income they receive from renting their property out. Is considered personal income by Canada revenue agency. This is something that people typically do not understand...
by clay | Jul 17, 2020 | Edmonton Bookkeeping
This is one of the first questions that Edmonton bookkeeping gets from people who purchase their first rental property. Whether they have purchased it so that they can earn more income for themselves. Or if they have been unable to sell a previous home. There...
