cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
hewi
Level 2

Paying Rent + Property tax in ontario

I am preparing a tax return for a client who lives in a 'life style' community where they pay property taxes as well as rent (land lease) to the management company. How is this claimed on the ON-BEN.? I believe that they can claim one or the other but not both and can claim whichever give the higher credit, is that correct? I tried the phone number for the provincial credits  1-877-627-6645 but there is a 2 hour wait and I the online info is unclear. Please help.

Solved
Best answer March 20, 2021

Best Answers
JamesCampbell
Level 5

Paying Rent + Property tax in ontario

the property tax will give them the higher credit more than likely. i would do it both ways using one or the other and see which is better? i think you will find the property tax will be better. hope this helps. 

View solution in original post

5 Comments 5
JamesCampbell
Level 5

Paying Rent + Property tax in ontario

the property tax will give them the higher credit more than likely. i would do it both ways using one or the other and see which is better? i think you will find the property tax will be better. hope this helps. 

hewi
Level 2

Paying Rent + Property tax in ontario

Thank You!

 

Stevie1
Level 3

Paying Rent + Property tax in ontario

Can someone claim a rent paid in BC or Alberta.

I am sorry I can't figure out where to go and ask question so I am just asking it here

JamesCampbell
Level 5

Paying Rent + Property tax in ontario

i just looked and there is no rent credit for alberta. apparently there is going to be one for bc in 2023. hope this helps.  good luck. have a good season.  

Stevie1
Level 3

Paying Rent + Property tax in ontario

Thank you very much. Very much appreciated.