T2125
Statement of Business or Professional Activities
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This content is for informational purposes only and does not constitute legal, tax, accounting, or financial advice. Tax laws change frequently — always verify with the CRA and IRS or consult a qualified cross-border tax accountant before making decisions.
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April 30 or June 15 attached to T1 return
Landlords providing significant services with rental properties (short-term rentals, hotel-like services)
What is T2125?
Used when rental activities cross the line into a business (e.g., Airbnb with services). Differs from T776 which is for passive rental income.
Who Needs to File T2125?
Landlords providing significant services with rental properties (short-term rentals, hotel-like services)
Filing Deadline
April 30 or June 15 attached to T1 return
Simplify your cross-border tax prep
BorderBird automatically tracks your rental income, converts currencies using CRA-approved annual averages, and exports CRA-ready and IRS-ready reports your accountant can use to file T2125 with confidence.
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