Re: Taxes

Kathy said we could deduct our expenses against income for the time when the condo was rented.




Tim Thomas Sr.
514: 726 7647

tthomas@thekey.com






> On Jun 13, 2024, at 10:03 AM, Timothy Thomas <tt@thekey.com> wrote:
> 
> So what does this mean for us and our taxes?
> 
> On Thu, Jun 13, 2024 at 9:46 AM Tim Thomas <tthomas@thekey.com <mailto:tthomas@thekey.com>> wrote:
>> This is what Randi sent me.  I’ll send the spreadsheets to Kathy, but I wanted you to look at them first.
>> 
>> 
>> 
>> 
>> Tim Thomas Sr.
>> 514: 726 7647
>> 
>> tthomas@thekey.com <mailto:tthomas@thekey.com>
>> 
>> 
>> 
>> 
>> 
>> 
>>> Begin forwarded message:
>>> 
>>> From: Randi Schapira CPA CA <Randi@schapiraca.ca <mailto:Randi@schapiraca.ca>>
>>> Subject: Re: Taxes
>>> Date: June 11, 2024 at 11:02:05 AM EDT
>>> To: Tim Thomas <timthom918@gmail.com <mailto:timthom918@gmail.com>>
>>> 
>>> Hi
>>> 
>>> Yes I received it.
>>> 
>>> Here are the statements that you need for Kathy.
>>> 
>>> Let me know if you need anything else.
>>> 
>>> Regards
>>> Randi
>>> 
>>>   
>>> From: Tim Thomas
>>> Sent: Tuesday, June 11, 2024 10:10 AM
>>> To: Randi Schapira
>>> Subject: Taxes 
>>> 
>>> Hi Randi,
>>> 
>>> I believe Timothy sent you the National Bank statement again. I just want to make sure you got it.
>>> 
>>> Also, I was thinking whether we would need to reassess for the 2022 tax year also?  We only bought the condo in December 2022 but I know we had purchased most of the furniture, etc a couple of months prior. Were those expenses captured in 2023 or not?
>>> 
>>> Tim
>> 
>> 
>> 
> 
> 
> -- 
> Tim Thomas
> Head of Canada Division
> Please note my email has changed:
> tt@TheKey.com <mailto:tt@thekey.com>
> (514) 591-9387
> TheKey.ca <https://www.thekey.ca/>
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