Potvin v. MNR, 90 DTC 1644 (TCC)

The taxpayers, who managed two large apartment buildings and lived in one of the suites on a rent-free basis, realized an income benefit equal to 25% of the fair market rental value of the suite which they occupied.

The taxpayers, who managed two large apartment buildings and lived in one of the suites on a rent-free basis, realized an income benefit equal to 25% of the fair market rental value of the suite which they occupied.