9912 - Interest from mortgages

[OurRealtor]

9912 - Interest from mortgages

Does it need to be mentioned for individuals /regular principal residence holders?

 

[Thomas Beyer]

you report income (or associated expenses) on investments only.



Anything related to your principle residence does not need reporting as it is not taxed !

 

[OurRealtor]

How if principal property is in one province and rental condo is situated in another province. In which province do we should file its rental income.

 

[Thomas Beyer]

you always file in the province you live at year end !