[Renovation and Repair for a house that then rented in the same year in Quebec, can be deducted from rental income?]

Thank you Geo123

[Renovation and Repair for a house that then rented in the same year in Quebec, can be deducted from rental income?]

26 minutes ago, ronnyk said:

Appreciated your kind help

But is there any place in the program to insert the renovation performed and then the program make the depreciation of it? Thanks again.

[Renovation and Repair for a house that then rented in the same year in Quebec, can be deducted from rental income?]

1 hour ago, Geo123 said:

Hello ronnyk,

Renovation of the roof / bathroom would be a capital expense that can be applied to CCA.  Repair of a bathroom would be an expense.

Appreciated your kind help

[CELI contribution in 2020 I live in Quebec]

1 hour ago, Geo123 said:

Hello ronnyk,

No. The Compte d'épargne libre d'impôt (CELI) / Tax-Free Savings Account (TFSA) is not on the tax declaration.

Thanks a lot 

[Renovation and Repair for a house that then rented in the same year in Quebec, can be deducted from rental income?]

I have paid renovation of the roof and repair of the bath room while the house is rented to a couple in Quebec. Can I claim theses expenses to be deducted from my rental income? Thanks

[CELI contribution in 2020 I live in Quebec]

Hi everyone,

 

Is CELI has something to do in tax declaration? Thanks

[Downloading 2022 UFile for personal income tax]

I have exactly the same problem but I need it in French, do you have the link for French version? Thanks in advance