Rental properties tax issues
Now that the NB election is over most signs will come down. Some that might stay up in an effort to sway the newly elected government read “Axe the Double Tenant Tax.” The signs direct readers to www.rentnb.ca.
As the website, The New Brunswick Apartment Owners Association has an information sheet that compares apartment building tax rates in NB and other parts of Canada. The site indicates that our landlords are being taxed more than those in other areas. The argument then points out that landlords have to pass this expense onto tenants, making this bad tax policy.
I’m still forming an opinion on this. If you have any ideas or information in this regard that might inform my opinion let me know.
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