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How is "free rental " treated as rental income ?
example : I bot a condo unit and decided to let my god-son stay with a nominal rental of $1 per month, am I subject to "deem rental income" to be declared in my Income tax return?
Thank you.
example : I bot a condo unit and decided to let my god-son stay with a nominal rental of $1 per month, am I subject to "deem rental income" to be declared in my Income tax return?
Thank you.
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