03/07/2026
🏠 Attention Canadian Landlords — are you reporting your rental income correctly?
Whether you rent out a basement suite, a condo, or a full property, the CRA requires you to report all rental income on your tax return. But here's the good news — you can also deduct eligible expenses to lower what you owe! 💰
Here's what to report & deduct: 💰 All rent collected 🔧 Repairs & maintenance 🏦 Mortgage interest (not principal) 🏘️ Property taxes 💡 Utilities (if you pay them) 📋 Rental insurance
📌 You'll need to file Form T776 — Statement of Real Estate Rentals.
Missing deductions or reporting incorrectly can cost you — let us make sure you get it right!
📲 Book a free consultation at geettax.com