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April 25, 2025
Question

If you own a second property and pay municipal taxes and hydro on it, can you deduct those expenses?

  • April 25, 2025
  • 1 reply
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    1 reply

    sgill9
    April 30, 2025

     If the second property is generating income, you are indeed entitled to claim deductions  as business expenses for municipal taxes and hydro expenses relating to that property.  Thank you for reaching out with your question!