Canadian real estate investors may be able to turn mortgage interest into a rental-related tax deduction—but the strategy depends on how borrowed funds are used and documented. This guide covers the essentials: maintaining separate records, tracing borrowed money to income-producing activities, using refinancing strategically, and avoiding personal-use pitfalls. Tax deductions are not automatic, and rules can vary based on property structure and use. Before implementing a strategy, review the details with a qualified Canadian tax professional.
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