Mar 31 2011, 10:46 PM
QUOTE(Iceman74 @ May 11 2010, 05:37 PM)
there is a ruling on it provided it is for own use & for 1 property(residence only)
dun think gov will believe you live in a shoplot
Hi...I'm new here.dun think gov will believe you live in a shoplot
Great topic going on here
Question:
1. So if I own 1 unit in condo & rent it out (residence), it can be excluded from income tax?
Thanks in advance for the reply.
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