ACCOUNTANT EXPLAINS: How Rental Income is Taxed in Canada

Ready to file your taxes? Start your return in under 2 minutes. 👉 Start your tax return here: [https://forms.office.com/r/gvFhpL8W70...] In today's video, I’ll tell you how rental income is taxed in Canada. If you have questions please contact me: Email: info@thinktax.ca Website: www.thinktax.ca Instagram: @thinktax.ca Chapters: 00:00 Introduction 00:41 Rental Income Definition 01:41 T776 - Statement of Rental Income 04:05 Capital Cost Allowance DISCLAIMER: Tax planning is a personalized decision and will depend on your situation, priorities, and risk tolerance. Consult with your own legal and tax advisors to ensure you get the advice you personalized for you. The information contained in this video is for general information purposes only.