Jump to content

income from rental property


Recommended Posts

Hello I have a question regarding income properties. I own a duplex I repossessed the upper half for my daughter on 12/31/2021,she is 22 and could not afford a place own her own in Montreal. I also no longer wanted be a landlord and I prefer this to be a family home.She pays 500 month for rent which is below the fair market rate here in Montreal. Do i claim this as rental income?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...