Quote:
Originally Posted by PeanutButter
CRA priority is income generating revenue.. They don't care if the activity is legal or not. So if you have an illegal suite, but you're producing income, you have to report it..
Same if you're a drug dealer..
It's not CRA's responsibility to determine your by-law adherence, they just want to get paid.
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My neighbour is taking 4K cash a month renting his main portion of the house and not claiming it. He just retired and has some trash pension
Feel like an audit is on the horizon lol