TAX QUESTIONS? YOU ASK LAH!

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Q: As only replacement of furniture can be claimed for tax deduction against rental income, how to prove that the purchase of furniture is a replacement? 

A: You can show the invoice or receipt of your first-time purchase of furniture to prove that you have bought the furniture before. 


Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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