Unlocking Tax Savings: Unexpected Deductibles for Real Estate Investors

As tax season approaches, many small to medium-sized DIY real estate investors may wonder how to reduce their rental income tax burden. Fortunately, the Canadian tax system offers a variety of deductions that can help offset your rental income. These deductions are not only legitimate but can also result in significant savings when claimed correctly.

Here’s a breakdown of some unexpected and commonly overlooked deductible expenses to consider this tax season: