Tax Preparation for Rental Properties

Rental properties are great investments, but tax preparation for rental properties in Toronto can become overwhelming very quickly!

We’ll help you get your receipts organized and categorized are ready to prepare your taxes in no time. Often many people with a rental property, like yourself, have more than one, which is great for you, but can make your taxes slightly more complex. Multiple rental properties is not a problem for us at all! We work with you to organize your rental properties into one complete tax return, maximizing your end result.

Number of Rental Properties Included
Included T Slips for Personal Taxes
T1135 Filing
EFILE Submission
Remote Filing Service
HST/GST Filing
Capital Gains Reporting
Year Round Support (Quick Q&A)
Client Support Access
Level Of Accountant
CRA Correspondence & Inquiry Response
Auto Remitances to the CRA throughout the year (Income taxes, Sales Taxes, Payroll Taxes, Instalments etc.)
Previous Year Tax Filing Available (Filing for past years)
Multi-year Filing Discount (4+ years to file)
Let's Talk!
Essential
$165
1
T4/T4A/T5
Add-on
true
true
Add-on
Add-on
Add-on
Email/Chat
Jr. Accountant or Higher
Add-on
$240
true
No discount
Supported
$220
1
T4/T4A/T5/T3
true
true
true
true
Add-on
Add-on
Email/Chat/20-minute call
Jr. Accountant or Higher
Add-on
$220
true
Discount available
Strategic
$295
2
T4/T4A/T5/T3
true
true
true
true
Basic
true
Email/Chat/30-minute call
Sr. Accountant or Higher
Interpretation + File Retrieval
$180
true
Discount available
Partnered
$395
4
T4/T4A/T5/T3
true
true
true
true
More complex including crypto
true
Email/Chat/30-minute call or Zoom
Sr. Accountant or Higher
Interpretation + File Retrieval + Reply
$150
true
Discount available

We will also explain to you what you need to know regarding your rental properties in Canada and the specifics, in terms of taxes, that go along with them.

Information such as:

9

Buying and selling

9

Living and renting in the same house

9

What is an expense

9

What is an asset

9

What CCA is and means

9

And more

Remote Tax Solutions

These days, you might find yourself constantly on the go, worried about the pandemic, or just too busy to set a dedicated time for your taxes. We understand that people are busy, and we have built our core services to make your life easier. File online on your time, anytime, anywhere in the workd, as long as, you have internet access getting your taxes done by a professional is stressfree!