Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can i deduct home mortgage interest in my personal tax return ontario canada?

deduct home mortgage ontario tax return
0
Posted

Can i deduct home mortgage interest in my personal tax return ontario canada?

0 CommentsAdd a Comment

1 Answer

0

Unlike the US, interest on residential mortgage payments is not tax deductible. You may be able to deduct your mortgage interest if the property is an income-earning one or a place of business, however.

0 CommentsAdd a Comment
What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123