Thanks Derek, I did not consider that aspect at all, I was thinking of claiming all that I was entitled to - 75%, but your point makes good sense. Did you use an accountant to take care of your taxes or did you just go ahead and do it yourself? Thanks -bt

Hey Guys, I am interested in your opinions and advice/tips for my current situation. You can inform me of claimable taxes or just share your similar experiences with me! So, i just bought a place in downtown ottawa 5 mins beside Ottawa Univ. It`s 4 bedrooms and I will be renting out 3 rooms...