TAX QUESTIONS? YOU ASK LAH!

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Q: Tom has 3 investment properties, one of the properties has incurred rental loss in the Year of Assessment 2020, can he contra the rental loss with other properties which are with rental gain?

A: Yes, you may offset the rental loss from one property against the rental gain from other properties.


Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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