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Autorice · 05-02-2014, 05:10 AM

if you declare substantial losses then CRA will begin to think something is fishy. If you record $5000 losses for more than 2+ years then they're going to wonder why you're in business. If you give them a reason to audit you then they will.

05-02-2014, 05:10 AM	#6
Autorice RS.net Licensed Sponsor Dealer Join Date: Apr 2001 Location: AutoRice.com Posts: 1,962 Thanked 74 Times in 37 Posts Failed 6 Times in 2 Posts	if you declare substantial losses then CRA will begin to think something is fishy. If you record $5000 losses for more than 2+ years then they're going to wonder why you're in business. If you give them a reason to audit you then they will.