Writing off mortgage

Out of context: Reply #5

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  • ETM0

    Its easiest if its dedicated space. At the simplest level, you take the square footage of your workspace against your total square footage and determine the percentage.

    You apply that percentage against your mortgage, mortgage insurance and anything your business consumes like electricity, an alarm monitor fee if you have one, etc.

    • I _think_ the tax form to fill out is T2125.ETM

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