Al7 - Wednesday, April 21, 1982 - North Shore News

Tax Tips

Rental Income

Question:

When only part of a residence ts rented out, Can you Claim any run-
ming costs as deductions?

Answer.

First of all, you must report the tota/ arnount recetved in rent. You
may cianm the expenses incurred to earn that rent Expenses which
relate only to the rented area can be ctlarmed in full, However,

overall expenses on the building, such as faxes and msurance, can
only be Claimed in proportion to the total building For more detaits
obtain the special booiWet “Rental income” from your district taxa-
tion office

For a tree C.G.A. Tax Tips brochure call or visit:
PERRAULT, SMYTH & COMPANY
Certified General Accountants

1975 Lonsdale Avenue
North Vancouver, B.C. V7M 2K3, 987-8101

VANCOUVER Men's
Welsh Choir en-
tertained seniors at the
Kiwanis Whitely Coun
bast week. (Terry Peters
photo)

GIANTCLEARAWAY!

SALE

2 ON ONE-OF-A-KIND ROLLS
sett ecto: ff) NON-CURRENT LINES, PART-ROLLS, REMNANTS

“Shadows of Yesterday -
Shades of Tomorrow” ts the
third annual photographic
exhibition put on by the
Media Resources students.
The theme of this year’s
exhibit was suggested by i

Picturing i
the third jj
wave

The people, places and
things which have shaped
our past, shape our present
and will shape our future, as Na]
seen through the cameras of
the Media Resource students

THE LATEST IN

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The exhibit ts being shown
in the Capilano College Art I

Gallery from April 22 to 27.
Weekday hours are 9:30 am
to 9:30 pm and weckend
hours are 10 am to 4 pm. The
gallery is located tn the ~A”™
building. south campus

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