Personal Taxes and Finance Archives - Page 8 of 8 - CPA Accountant and Tax Advisor- Coquitlam, Burnaby, Maple Ridge

Rental Income as ABI

Can rental income be claimed as Active Business Income (ABI)?

In most cases, income from the property will be considered as passive income and would not qualify for a small business deduction. For example, rental income is considered a passive income (income from property […]

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