Northern living allowance, basement suites, and the CRA

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Re: Northern living allowance, basement suites, and the CRA

Great news! I hope the landlord at least gets got dinged for claiming the extra deduction> Even better would be to hear he is full audit for not claiming rental income since the way you describe him that is pretty much a given.
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Re: Northern living allowance, basement suites, and the CRA

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Re: Northern living allowance, basement suites, and the CRA

Unread postby icu » Fri Nov 28, 2014 7:21 pm

If both landlord and tenant are in separate legal living units that meet residency requirements as defined by CRA, both can claim the basic and additional residency amounts.
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