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Hi, My husband and i SOLD our rental property in April 2017. It had been his primary residence since he bought it in 1993, until we rented it in 2013. We had a bank assessment done in 2013. My questions is: - In the "Real estate, depreciable property, and other properties" on the "Real estate, depreciable property, and other properties" line, do we list the 2013 assessment value, or the ACB value + capital costs over the years? I believe it is the Assessment value (value when it became a rental unit) but I can't find info for sure. Thank you
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- fair market value
- adjusted cost base
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i just sold my rental property where do I enter the details on my tax documents. All my regular yearly information is already filled in making of the "Last year of operation" button. i just can't seem to find where to input the proceeds from sale, legal and realtor expenses. can anyone help please
- 4 replies
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- rental property
- sale
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