I am a Quebec resident and in 2013 I brought a duplex. Currently I am using entire building because of renovation is entire building. In 2014 I want to rent out the first floor and ground floor and basement will be occupied by me.I had no rental income in 2013. My questions are:
Is there any tax credit for first time home buyer?
My entire building was renovated in 2013, can I get home improvement tax credit?
If I can not apply for home improvement tax credit, Can I claim part of renovation expense as rental property maintenance expenses?
A waiting for response,
Have a nice day,