Does MRA calculate capital cost allowance (CCA) on rental properties?

Where to find it: REAL ESTATE → property; INCOMES → Rental; EXPENSES

MRA does not depreciate real estate or calculate capital cost allowance (CCA). There is no CCA schedule, undepreciated-capital-cost balance or automatic CCA recapture calculation on the property form.

Enter the rental income, supported deductible operating expenses and linked mortgage separately through their usual forms. Those inputs do not create a CCA deduction.

Consequently, a projection can differ from a rental tax calculation that includes CCA or its recapture on sale. This limitation is stated in Real Estate Help.

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