Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Gaza Strip Airstrikes: A Tragic Toll

 

On Thursday, Israeli airstrikes resulted in the deaths of at least 26 people across the Gaza Strip. The strikes targeted Hamas security officers and an Israeli-declared humanitarian zone. Among the casualties were three children and two senior Hamas police officers. 

The strikes have exacerbated the already dire humanitarian situation in Gaza, where hundreds of thousands of displaced people are seeking shelter. The ongoing conflict has led to widespread destruction and significant loss of life, with over 45,000 Palestinians killed since the war began. The international community continues to call for a ceasefire and a peaceful resolution to the conflict.

Labels:

Comments

Post a Comment