Robin Kirk Posted March 16, 2021 Report Share Posted March 16, 2021 Are we able to claim home office expenses for running a rental property? We are partners in owing the property. I cannot find a link to enter these amounts. TIA Quote Link to comment Share on other sites More sharing options...
TheTaxSmith Posted March 16, 2021 Report Share Posted March 16, 2021 Hello Robin Kirk. Deducting for an office in your home as a rental expense is commonly disallowed by CRA. If you have a substantial amount of rental units that requires frequent meetings with tenants, contractors, etc you would maybe be able to make a claim. Here is some other information for office expenses. https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4036/rental-income.html#P522_49839 Line 8810 – Office expenses You can deduct the cost of office expenses. These include small items such as pens, pencils, paper clips, stationery, and stamps. Office expenses do not include capital expenditures to acquire capital property such as calculators, filing cabinets, chairs, and a desk. These are capital items. Quote Link to comment Share on other sites More sharing options...
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