QUESTION: Hi. I love your website.
My wife and I just purchased a townhouse in Sun Peaks with another couple
from Edmonton for the purpose of generating nightly rental income. I have
the following questions:
1. If we decide to use an online company to build our own website and rental
management structure, are we able to write off the use of the office space
in both of our homes if the duties of maintaining the website and rentals is
shared among both couples?
2. Is it wiser to purchase or lease a computer?
Can both couples deduct a purchase/lease of a computer? In other words, if
both couples purchase or lease a computer, can both computers be tax
deductible?
Thank you for your time,
IXXXX
Langley
