by clay | Jul 17, 2020 | Edmonton Bookkeeping
A person might have purchased the property for rental income, or have not been able to sell their previous home, And end up having significant questions for their Edmonton bookkeeping company. Whether it is a full house that they are renting. Or even renting a room in...
by clay | Jul 17, 2020 | Edmonton Bookkeeping
There are many reasons why people might have rental property according to Edmonton bookkeeping. And regardless of the reason why someone is renting out property. Whether it is home that they own or a room that they are renting out. There are many questions that need...
by clay | Jul 17, 2020 | Edmonton Bookkeeping
Understanding how to claim rental expenses on a personal tax return can be complicated says Edmonton bookkeeping. And while people may be able to understand all of the exceptions to all of the expenses that they can claim. After hearing about all of the different...
by clay | Jul 17, 2020 | Edmonton Bookkeeping
One of the most common questions that Edmonton bookkeeping gets when it comes to a person buying rental property. Is if they can report their rental income on their personal tax return. Or if it is considered a business expense. As long as the homeowner is charging...
by clay | Jul 17, 2020 | Edmonton Bookkeeping
Many people think that as long as their move is for business purposes, that they can claim those expenses says Edmonton bookkeeping. And while that might be true if they are getting reimbursed by their company. This is not necessarily the case for the Canada revenue...
by clay | Jul 17, 2020 | Edmonton Bookkeeping
Many people who have moved in the past year may think that they can automatically clean these expenses on their personal taxes says Edmonton bookkeeping. However, this is not necessarily true. Even if people are moving expressly for the purpose of their work. May not...