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Financial Issues This forum is for discussing any of the financial issues involved in your divorce.

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Old 07-30-2012, 02:07 PM
Join Date: Jul 2012
Posts: 93
randomjohndoe is on a distinguished road

Originally Posted by arabian View Post
If you have income from a rental property or, in your case, basement suite, I would set up an accounting ledge and record your rental income as well as your expenses. You would treat it as a small business and at tax time report it in the same manner.
Thanks. I don't foresee any issues with expenses related to the rental suit. Extra hydro etc bills are not going to be questioned. My concern was primarily with CCA, i.e. amortization of the cost to build the rental suit.
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