taxation question on rental income


Jump to Page:
< Previous  [ 1 ]    Next >




simonsuen   
Member since: Oct 21
Posts: 1
Location:

Post ID: #PID Posted on: 20-10-21 14:22:38

I and my mom are co-owners of a house. I receive rental income from the house. Also, we both live in this house.

If my mom pays part of the property tax, then she can claim OSHPTG (for senior house home owner) and OEPTC.

Questions:

1. Is it ok for her to pay part of the property tax if I claim all the rental income?

2. What type of house related expenses can I claim? (e.g. repair and renovation)

Thanks.





Jump to Page: < Previous  [ 1 ]    Next >

Discussions similar to: taxation question on rental income

Topic Forum Views Replies
info needed please
Real Estate & Mortgages 1738 1
guidance needed
Articles 1576 0
Home office/Tax Implications
Accounting and Taxation 1683 4
How to Buy Rental Property ( 1 2 3 4 )
Real Estate & Mortgages 8470 22
What Expenses I can Claim In Rental Income?
Financial Planning 2684 3
what can we claim for taxreturn? ( 1 2 )
Accounting and Taxation 2251 9
Where to show basement rental income in tax return ( 1 2 )
Accounting and Taxation 5015 9
Property tax claim on two properties
Accounting and Taxation 1784 3
General mortgage guidelines for 2nd property
Real Estate & Mortgages 1036 0
Student Rental V/S New Home
Real Estate & Mortgages 1832 4
Rental Income
Real Estate & Mortgages 1320 0
Tax on rent
Accounting and Taxation 1246 2
New rules for rental properties could squeeze first-time homebuyers
Financial Planning 2076 2
Propert tax credit
Accounting and Taxation 1900 2
What exactly is happening after April 19, 2010 ? ( 1 2 )
Real Estate & Mortgages 2502 7
Contracting (monthly) - Should i register a company ?
Financial Planning 2764 3
Rental Income
Accounting and Taxation 1449 0
rental property and tax benefits ( 1 2 )
Accounting and Taxation 2917 7
Capital Cost Allowance on rental property
Accounting and Taxation 2489 4
How to report loss on sale of rental propety
Accounting and Taxation 2899 3
Need help - Tax on Global Income for canadians working abroad
Financial Planning 1984 1
Claiming property tax of rental property
Financial Planning 2592 4
Rental Property Co-ownership
Accounting and Taxation 1664 1
Question related to Rental income splitting between married couple
Financial Planning 3344 3
taxation question on rental income
Accounting and Taxation 271 0
 


Share:
















Advertise Contact Us Privacy Policy and Terms of Usage FAQ
Canadian Desi
© 2001 Marg eSolutions


Site designed, developed and maintained by Marg eSolutions Inc.