Question: Chi owns a rental property. He provides all the basic services normally associated with rented rooms, such as basic utilities like water, heat and light.
Chi owns a rental property. He provides all the basic services normally associated with rented rooms, such as basic utilities like water, heat and light. In addition, he provides his tenants with a parking spot and hot meals, for which he charged monthly fees. Chi also include laundry pick up and delivery services as part of the rental package. How would canada Revenue Agency classify chi s income from her rental operation
a rental income
b income from employment
c business income
d professionial income
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