Tax Benefits of Getting a Commercial Property Loan


Taxpayers can deduct 30% of taxable income from investing in equipment and technology.

Loan interest

A commercial property loan’s interest is fully deductible.

Loan fee

A loan application fee is also fully deductible.

Maintenance and repairs

Maintenance and repairs can be claimed in full by business owners.

Income tax Act

The deduction for interest available under Section 24(b) of the Income Tax Act, is available for all types of properties

Smart investment

Buying commercial property is a big decision, but the tax benefits can make it a smart investment.