#property for rental
Rental income Line 126 – Net Line 160 – Gross
Rental income is income you earn from renting property that you own or have use of. You can own property by yourself or with someone else. Rental income includes income from renting a house, apartments, rooms, space in an office building, or other real or movable property.
- Do you have rental income or business income? Ownership
Are you a sole owner, co-owner, or a member of a partnership? Current expenses or capital expenses?
What is the difference between a current and a capital expense and how to report them. Capital cost allowance (CCA) for rental property
What is CCA, how much can be claimed, classes of depreciable properties, how to complete the charts on Form T776. Statement of Real Estate Rentals . Completing Form T776, Statement or Real Estate Rentals Rental losses Principal residence and other real estate