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jubilee_six

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  1. Hi there, I have a question on how best to use CCA on my home which is also 50% rental property. Last summer I had major landscaping work ($30,000) done to my backyard which is shared with tenants. I've figured out the Classes. Class 1 for the retaining walls, Class 6 for the storage shed, and Class 17 for the paving stone patio. I am not sure how to enter this information into the forms. Specifically: 1. To whom the CCA should be allocated. When I select "Use of home for business purposes", I do not see any credits. Should I select "Business level (full amounts - 100%) instead? 2. Purchase date of the property. Is this the date I purchased my home or the date the landscaping work was completed? 3. Does this CCA information instead belong in the fields for "Description and amount of capital additions of AIIP"? Thanks for any information you can provide. I've been scouring the internet but I haven't found any guidance there.
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