Can you please change the wording on the question on Foreign Property?

The Question on Foreign Property question is missing the word 'Specified' Foreign Property.  You are asking 'Did taxpayer own foreign property at any time in 2016 with a total cost of more than CAN$100,000'?  If my client has a personal recreational real property in the US or elsewhere that he uses entirely for his own use, he does not have to do a T1135.  However, the way you word the question I HAVE to answer yes   - as he does own foreign property.  He does not need to have T1135 but if I answer no I would not be telling the truth.  Can you put the word 'specified' in there as CRA calls it on their site?


Answer

Hmm, I never noticed this before, but you're right lyndadswain. Good catch...  

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