Mississauga Tax Services
Mississauga Tax Services: Tax Returns: Rental Property, The tax implications of purchasing additional properties or of renting property can sometimes be confusing. There are two principal taxes that must be considered: capital gains tax and income tax. Income tax is payable on the net income from a rental property. Capital gains tax is payable if the property is sold for a profit.
 

 

 

 

 

 

 

 

 

 

 

  (Personal Returns) (Corporate Returns) (Deceased Returns)(Past Year Returns) (Estate Returns)
(Rental Property)(Business & Self Employment Returns) (Capital Gains Schedules) (Tax Planning)
(Tax Returns) (HST & Payroll) (Bookkeeping) (Financial Statements) (Tax Tips)
(About Mississauga Tax Services) (Contact Mississauga Tax Services) (Mississauga-Tax-Services.ca)
The MTS offers tax services and help to businesses in Mississauga, Ontario, Canada. © Mississauga Tax Services 2012
images_Mississauga-Tax-Services/Spacer_Mississauga-Tax-Services

Tax Returns: Rental Property

The tax implications of purchasing additional properties or of renting property can sometimes be confusing.
There are two principal taxes that must be considered: capital gains tax and income tax. Income tax is
payable on the net income from a rental property. Capital gains tax is payable if the property is sold for
a profit.

We do hundreds of rental property returns. Let us show you the expenses you can claim and ways in which
to keep the paperwork up to date to enable the tax return to be done in a timely manner.

 
 
 
 
 
 


 

MTS
Mississauga Tax Services: Map of Canada
Mississauga Tax Services's Offical Home Page About Mississauga Tax Services Contact Mississauga Tax Services Tax Returns HST & Payroll Bookkeeping Financial Statements Tax Tips