Wooba
Active Member
When you are paying occupancy fees, do you mark down what you paid as "rent" on the following years tax return?
I don't see why not? You don't own the place yet.
I think it's on the Ontario part where it asked you how much property tax/rent you paid in the previous year.
You are quite correct, Wooba. I was curious to know as to what 'simuls' has in mind.
If I cannot use this deduction for that particular tax year, may I be able to fwd it for future years?
Now that tax time is upon us, does anyone have a more definative answer on this?
Thanks..