Dont know why that matters. CRA may not be as smart as you think.by tdma800 » Wed Jul 20, 2011 12:26 pm
You might not declare it but when your tenants file income taxes guess what happens?
Damn shame the CFIA standards were equally strict when you were on baby food. Safety: just another scam to rip off tax fraudsters.sounds like a can of worms to me they just want your money that's all.
Regarding a SECONDARY SUITE PROGRAM, there is some information:
http://vancouver.ca/commsvcs/licandinsp ... pguide.pdf
They charge a lot of different fees:
Fees for a secondary suite (2011 rates):
One time inspection and permit fees as follows:
Special Inspection $152 (plus HST)
Combined Development & Building Permit from $648
Electrical Permit from $ 57
Plumbing Permit from $142
Gas Permit from $149
Annual fees as follows:
Annual Business License $60
*One-time fee for new applications $50
Additional fees for Water, Sewer & Recycling Flat Rates (part of your annual property tax).
For more information, please contact the Utility Billing Office at 3-1-1.
I think you misunderstood my point, which was a) fire is always a risk (I didn't mean it was any higher with a renter compared to family member) b)your insurance may not cover a rental situation if a fire is triggered in an illegal suite. Check your policy, but they look for any possible exclusion and I would bet that somone renting in an illegal suite with not up to code wiring designed for cooking etc. and you might find you are not covered.sounds like a can of worms to me they just want your money that's all.
risk of fire my ass..besides i have a sub panel so there's no more risk of fire than any other suite or main part of home.
any idiot can overload any socket but then the breaker would just go off.