TAX QUESTIONS? YOU ASK LAH!

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Q: If the tenant incurred building maintenance cost such as repair of roof leaking, painting or change of tiling due to breakage, can the tenant claim tax deduction under upkeep of building?  

A: If the tenant is using the building for business purpose, the repair and maintenance of the building is still tax deductible as this is a repair to allow the business to continue.


Wishing you plentiful tax savings! 

Zen Chow

YYC Tax Guru

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