Re: how many professional gamblers own their own homes?
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you hope the cra isn't going to bother you. doesn't mean they won't...
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His equity vs. the CRA here is like 98%
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I'd say it is 99.999%. I've stopped filing income tax because I don't want to push my luck but for the years 2000-2004 I claimed $32k in rent payed to get my Ontario rental credit while declared my annual income as $100-300. If that didn't get their attention I don't know what will.
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I can't speak to the CRA, but the thing about the IRS is while you're not likely to be audited, if you are, they don't understand the concept of table stakes.
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