It is my first Tax season as a landlord and Property owner. I bought my first property this year. It is divided into three units, one per floor. I live in the basement unit and rent out the other two. I spent a couple of months and a few thousand dollars renovating the basement and have kept my receipts for everything. I'm just wondering if anyone has any tips for the upcoming tax returns as I'm slightly worried about what I might owe having taken in extra income through rent. Regards.