Schedule for eligible capital expenditures on rental property how do I attach this to form 776?

I can see where Profile has a form for cumulative eligible capital for the business or farm schedule, but how do I get this to connect to a form 776 for rental property

Answer

Eligible capital property is normally a Business related deduction and is not associated with the Rental Statement.

Unless Renting is your business in which case you would be filing a T2125 Business form rather than a T776 form.

If you are wanting to claim a Leashold interest in a rental property via CCA then refer to page 15 of the T4036 Rental guide - that explains what classes to use in respect of these.

CRA rental guide is located:

http://www.cra-arc.gc.ca/E/pub/tg/t4036/t4036-13e.pdf

 

 



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