Can I deduct property tax on cottage in quebec

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taxhelpme

Hello, Can i deduct property tax on cottage in quebec?

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Q. Can i deduct property tax and mortgage interest on my investment property which is a condo i am renting?

"Property tax and maintenance from your investment property in canada..."

Yes, you can deduct mortgage interest as well as property tax and maintenance from your investment property in Canada . If you own multiple units and you are the one managing them you should also open a property management company and charge your properties a management fee which is also tax deductible.

Someone said: What if the property is held outside of Canada in another country such as Ecuador?

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