Can you buy an investment property in a self directed RRSP

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Gerardo

Can you buy an investment property in a self directed rrsp?

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

"Can deduct mortgage interest as well as property tax and maintenance from your investment..."

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?

This answer closely relates to:

Self directed rrsp investment property
- Is all investment property mortgage interest deductible canada?
- Is the interest on my mortgage tax deductible if used as investment property cra?

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