Why would CCA calculate only on a loss, and not on profitable rental properties?
I have a client (husband/wife) with four rental properties. Three of the properties show a profit, but no CCA is being calculated. When I look at T776CCASummary, there are amounts in three different classes (1, 8, 10) on all three properties for husband and wife (shared amounts). Nothing is over-ridden, but Profile is calculating $0 CCA. They have a fourth property that sat empty half the year for renovations, so it is a loss. This is the only property that Profile is calculating CCA, to increase the loss (this I have over-ridden because you can't claim CCA on a loss). Both spouses have taxes owing. What is going on? How do I get the CCA to calculate on the other four properties?