Real Estate Investor Accounting in Markham: Rental Income, HST & Capital Gains

Page summary

Markham real estate investors: understand how CRA taxes rental income, which expenses are deductible, HST on new builds and Airbnb, the 2024+ capital gains inclusion rate change, and when to incorporate.

• Article details: Real Estate; published May 10, 2026; 11 min read.
• Markham's real estate market has created significant wealth — and significant tax complexity. Whether you own a rental condo near Highway 7, a basement suite in Unionville, or a portfolio across York Region, your tax obligations as a landlord are more nuanced than most investors realize.
• This guide covers how CRA taxes rental income, which expenses you can deduct, HST obligations (including the rebate most investors miss), capital gains rules, and when incorporation makes sense. If any section raises questions specific to your situation, ARMalik's Markham accountants are available year-round.
• How CRA Taxes Rental Income in Canada
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• This article is for general informational purposes and does not constitute professional tax advice. Tax rules change and individual circumstances vary. Consult a qualified CPA before making decisions based on the information in this guide.

Related pages

• Blog: Browse more Canadian tax and accounting articles.
• Tax Planning & Advisory: Get advice before tax decisions become filing problems.
• Contact ARMalik: Ask a Markham CPA about how this topic applies to your situation.

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