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Q: Is the servicing fee for air conditioners of my rented out property eligible for claiming tax deduction against the rental income received?

A: Yes, as long as it is stated in the tenancy agreement that it is your responsibility to maintain the air conditioners in good condition, the service fee incurred is deductible against your rental income. 

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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