Is Occupational Rent excluded from Federal Canada Revenue Agency?

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My Federal Divorce was final 20 years ago.The Ontario Financial Resolution was 3 years ago and used the " Rule of Thumb", Occupational Rent Status. I stayed in th Matrimonial Home and paided it off. My Ex-spouse was given Occupational Rent, to off-set her expense for her share of the home. Why does this not come under the Federal Canada Revenue Agency, if she is deemed to be a Landlord for Rent, and does not have to pay Income Taxes?

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Andrew J. Kania, LL.B., LL.M.

10 years ago

Answer: Thank you for your question. You indicate that the financial resolution was 3 years ago. I assume that you signed an agreement. Simply put, I can answer your questions and assist you, however to be responsible I need to first read your agreement. I recommend that you contact me at: (877) 668-9386 for a free consultation. You can email the agreement to me first, prior to the free consultation, and I will read it before we speak.

(The information provided above is general, not legal advice, as circumstances vary from case to case. Thus, if you wish legal advice that you can rely upon for your specific case, please contact Douglas Briand for a free consultation).

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