Hi this is my first question so i hope someone can help.
I have a client with 2 rental properties. 1 property was rented from Jan - june and then the owner moved from his own house into the rental and now rents out the other home. How do i enter ther personal portions of the home?
#1 property was rented from Jan - June and the became personal from July to Dec
#2 property rented from July - Dec and personal Jan - June.
Is there anywhere that I have to put rental dates on the forms?
Do I add the personal portion of both homes together and enter that on the business activity T2125?
Is there someone where to enter a loss of rent as one of the homes was destroyed when the tenant vacated and he was unable to rent for 6 months.
I know this might read a little confusing but any help would be appreciated.