There are many ways to minimise tax within your property portfolio, but no tax incentive comes close to the impact Section 13 sex of the income tax act can have on your tax savings.
Section 13sex is an important tool for all property investors. Even if your properties are cash flow positive and profitable through your rental income, you can still reduce your tax liability substantially through a key tax incentive. In certain situations, you can even eliminate income tax legally whilst remaining cash flow positive!