RENTAL
INCOME CHECKLIST
REVENUE
Rental revenue
EXPENSES
Advertising
Insurance
Mortgage interest
Mortgage broker's fees
Maintenance and repairs
Management & administration fees
Auto expenses
Office expenses
Legal, accounting and other professional fees
Property taxes
Condominium maintenance fees
Salaries and benefits
Travel
Utilities (Heat, Hydro, Water & Cable)
Note: Capital cost allowance cannot be claimed to create or increase
a rental loss
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