Re: 400$/month plus rent increases in Edmonton.May 1st, 2007
Quote: Originally Posted by JsanWhy isn't rent, and a lot of other things, tax deductible. When my employer gives me a cheque that same amount (more or less) is a deduction for him.
And as usual, the Alberta governments response is "Well as long as the landlords are getting rich, we are happy", more tax money for us!!!
Rent is a income for a landlord but the renter is shafted by not being able to declare it as an expense in association with being employed. If not having to live in a certain area then his rent could be a lot less because he could be living in a 'cheap part of the country'.