Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!
Q: Can internet subscription be considered as direct expense for rental income?
A: If it is stated in the rental agreement that the landlord will provide the internet subscription to the tenant, then it can be considered as a direct expense and to be offset against the rental income.
Wishing you plentiful tax savings!
Zen Chow
YYC Tax Guru