llyfan

Thank you @TheTaxSmith! It looks like i have to enter partner level ACB also in the building schedule in order for that portion to show up correctly in the rental statement and schedule 3 whenever i select "partner level" for the CCA. But the land schedule automatically divides into partner levels regardless what i select on the building schedule. I think my confusion came from me assuming Area F on the land dispositions was supposed to be partner level as well but I see now there is no reason for that..! Thank you so much for clarifying everything!!!

Thanks, I will try it! Yes I have been checking the resulting return against the numbers i enter and that is why I know I need help..!! Thank you again!

Thank you again! in this case should the ACB (for the building schedule) be the original full amount of the building portion or should it be 1/3 of the original amount for each individual on the CCA building schedule, if we select the partner selection for "to whom the CCA should be allocated"? the building value actually dropped way way lower than the % building portion of the purchase price, so i think we will have a terminal loss there. The land went up though, so I added the land schedule. If i understand correctly then - we put the total land portion of the purchase price and ACB on the land schedule then, and not 1/3. Is this correct? Sorry for all these questions, thank you so much!

Ahhh. I see! We do have co-ownership selected, %personal use 0 and share of ownership 33.33%. We have been using the partner level % area in previous years to do separate CCA limits and claims (so we don't each claim the full amount of CCA for the building). Where would we indicate this if we enter full business amounts for the CCA data? For this particular property that we sold last year then, do we add the individual "UCC's" we've been individually keeping track of (we each used 1/3 of the total as our starting UCC) then to report as the full business amount of UCC this year? eek.. Thank you so much, I see we may have been doing it wrong for years!! .......

Thank you @TheTaxSmith, i have the opposite problem but my co-owners are my two sisters. I have been filing rental income and CCA for the property on a partnership level only. Since we disposed of it in 2021, I entered partnership level amounts on the form for the building portion, and added a new non-depreciable CCA sheet for the land. I entered the partnership level amount for that and it shows up on the Statement of real estate rentals as the partnership level amount (makes sense), but the generated capital gain schedule 3 turned into 1/3 of the partnership level amounts instead (i.e. 1/9 of the total). Was i supposed to enter the business level amounts for the land on the CCA sheet?? but it looks wrong on the Statement of Real Estate Rentals when i do that... Do you know what is happening here? should i tell it NOT to generate a capital gain form automatically and add one myself? Thank you for your help - your answers to other questions on here have been super helpful to me too!!!