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hi everyone welcome to the real estate tax tips Channel my name is Cherry Chen a chartered professional accountant located in Oakville Ontario Canada a town thats like 20 minutes west of Toronto a lot of clients and a lot of investors out there are asking me this question or is it true that you own a side hustle business that you generate business on and you get to write off a lot more stuff is that true well the reality is um as a general rule of thumb if you are earning business income or youre earning property income which is from property income means that it is income from your property youre eligible to deduct all expenses that all reasonable expenses that you incur for the purpose of earning that particular stream of income subject to a bunch of exception things that you would normally incur that you dont get to deduct would be something for example your automobile expenses and if you want to find out how to deduct your automobile expenses you can watch the video there the o