The taxpayer could not claim a loss on the cottage he rented out. He used the cottage personally, and his rental activities did not demonstrate a pursuit of profit. D'Arcy J. remarked at para. 22: "It appears to me that the combination of a a very high rental rate and a limited target market of friends and relatives resulted in the rental of the cottage not having the capacity to show a profit."
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d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
337754
Extra import data
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