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March 2, 2023
Question

Should my deductibles for motor vehicle expense be between the rental period or the whole tax year?

  • March 2, 2023
  • 1 reply
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Rental period means when I had tenants in my rental property.

    1 reply

    March 2, 2023

    You would be claiming the motor vehicle expenses for the dates you were using it for your rental business and keep all receipts and records for verification by the Canada Revenue Agency.

     

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