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Rental Property Expenses Canadians Forget to Claim (2026 Guide)

  Published: April 2026 | Reading time: 9 min | Category: Real Estate, Tax Savings, Personal Finance Owning a rental property in Canada comes with a surprisingly generous set of tax deductions — but most landlords only claim the obvious ones. Mortgage interest, property taxes, insurance. Done. What they miss is often worth thousands of dollars in additional deductions every single year. If you own a rental property in Ontario (or anywhere in Canada), this guide walks through every legitimate expense category the CRA allows — including the ones your accountant may not have mentioned. Why This Matters More Than You Think Rental income in Canada is taxed as regular income — meaning at your full marginal rate. At Ontario's combined federal and provincial rates, landlords earning $100,000–$150,000 total income are paying 43% on every dollar of net rental profit. Every $1,000 in legitimate deductions you miss costs you approximately $430 in real taxes . A landlord who forget...
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Sun-Kissed Adventures: A Summer Vacation to Remember!





Ah, summer vacations, the most anticipated time of the year! It's a season of boundless adventure and carefree laughter. Picture this: the sun shining brightly, warm sand between your toes, and the gentle sound of waves crashing on the shore. As the days stretch out endlessly, you and your friends embark on thrilling escapades – from exploring hidden forest trails to daring jumps off the old wooden dock at the lake. Ice cream becomes a daily ritual, with flavors as wild as your imagination. Late nights are spent stargazing, making up stories about the constellations above. And let's not forget the epic water balloon fights that leave everyone soaked but grinning from ear to ear. Summer vacations are all about creating unforgettable memories, and this one promises to be the best yet!






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