this post was submitted on 28 Jun 2023
80 points (92.6% liked)

Canada

7275 readers
122 users here now

What's going on Canada?



Related Communities


🍁 Meta


πŸ—ΊοΈ Provinces / Territories


πŸ™οΈ Cities / Local Communities

Sorted alphabetically by city name.


πŸ’ SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


πŸ’» Schools / Universities

Sorted by province, then by total full-time enrolment.


πŸ’΅ Finance, Shopping, Sales


πŸ—£οΈ Politics


🍁 Social / Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 2 years ago (1 children)

Write-offs are only applicable if some other part of the business is making money

If the entire business is owning a few properties and they are all in the red, there's nothing to write off against

[–] [email protected] 2 points 2 years ago

For small-scale landlords the loss would count against their regular income. For professional landlords, they probably have other properties.