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Showing results for tags 'CCA calculed results error'.
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i HAVE DISPOSED OF ALL THE ASSETS IN A CLASS (RENTAL PROPERTY) BUT I CAN NOT FIND OUT TO GET IT TO CALCULATE THE CCA RECOVERY AS THE SALE WAS MORE THAT THE UCC AND IS MORE THAN ORIGINAL PURCHASE. EVEN THOUGH I INDICATE THAT 'YES' ALL THE ASSETS ARE SOLD IT IS SIMPLY TREATING THE WHOLE SALE AS CAPITAL GAINS. HOW DO I GET IT TO CALCULATE PROPERLY
I bought a house for rental last year. By calculating the CCA, I selected application of the half year rule. But the result shows the deducted value is 4% of the original value. I think it should be 50% of this value (2%) for the first year ? How can correct this error ? Thank you.