Tax Deduction Estimator
Enter your property count and expense categories to estimate commonly missed deductions like vehicle costs, phone, software, and eligibility-sensitive household allocations.
Based on Ontario 2024 combined federal + provincial marginal rates (other provinces vary slightly)
Estimated Deductible Expenses / Year
$560 – $880
Estimated Real Tax Savings
At 30% marginal rate · real cash back on your tax return
$165 – $260
Deduction Breakdown by Category
T776
Various T776 lines
CRA Compliance Note
Canadian individual landlords must use the actual cost method for vehicle expenses (total vehicle costs × % driven for rental purposes). Home office/household cost allocations apply only in specific facts, such as renting part of your own home, and are not automatically included here. Actual deductible amounts depend on your receipts, use, and CRA rules.
AnchorLease's AI scans your portfolio and finds deductions you didn't know you could claim