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Thanks for the info. I'll go get quotes from a reno company to do the work.

That's what I thought but if I'm claiming as a depreciation deduction couldn't I just some firm to do a depreciation schedule and use that. I guess its the interest too I need to look at.

Hi I'm looking at renovating my IP and for some parts getting my uncle to do some painint and paying him for it but no invoices. Funds will be taken from a IP mortgage account and interest claimed as a tax deduction. Is this a No, No? Other option is to get a reputable company (not...