Bell Canada is renting our property for $10.000 yearly to put up a tower.

by Cathy Robinson
(Ontario Canada)

If we have direst deposit for this money do we pay taxes on it? Is it better to have the money sent directly to our broker to invest and will we receive a T4 for this rental of our property

Comments for Bell Canada is renting our property for $10.000 yearly to put up a tower.

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Dec 20, 2013
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Lease Rates Ontario
by: Steve

Seems a bit low for a new installation. Last year of 20 year lease at $4,000 annual, expect renewal to be 14 to 16,000. Located near Orillia Ont.

Dec 02, 2013
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You need to talk to an accountant...
by: Sean (Tower Genius)

Talk to your accountant for the best tax strategy as we do not provide tax advice.

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