cc12389
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So should the interest accured to fund the rental property be allocated as a CCA? Or just expense as an investment expenses as they relate to carring costs?
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Thanks for the reply!I'm not too sure what you mean when you mention the cost must be added to the basis of the property and depreciated over 27.5 years.It's no...
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I am in canada. Are you able to answer the question for canadian tax laws?
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My wife and I sold our home in 2019. We now have to report the sale and are wondering who had to report it on our tax return? We lived in there since 2014 and b...
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- Cheered Re: Loan interest for rental property for PatriciaV. April 6, 2025 11:04 AM
- Posted Re: Loan interest for rental property on Investors & landlords. April 6, 2025 11:03 AM
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- Posted Re: Loan interest for rental property on Investors & landlords. April 2, 2025 6:22 PM
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- Posted Re: Reporting the sale of home on Deductions & credits. February 24, 2020 5:44 PM
- Posted Reporting the sale of home on Deductions & credits. February 24, 2020 5:20 PM