Can Non-Residents Deduct Expenses Without Filing Section 216? –
Автор: TaxGuru
Загружено: 2025-12-03
Просмотров: 58
If you're a non-resident earning rental income from Canadian property, you may assume your expenses will automatically reduce your tax bill. But that’s only true if you’ve filed the right forms.
In this video, we explain how non-residents must elect under Section 216 and submit the NR6 form to legally deduct expenses like mortgage interest, repairs, and property tax. Without this election, the CRA taxes your gross rental income at 25%—even if you made no real profit.
Learn how the election works, what deadlines you need to meet, and what to do if you've missed a step. Most non-residents overpay tax simply because they didn’t know the rules. Now you will.
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