Hello, this is my first year claiming CCA for our rental properties and I am having trouble figuring out what to put in these UFile Fields. I have done some preliminary research on CRA website, Google searches including watching video tutorials where applicable but I would appreciate it, if anyone can tell me what to put in the fields in the screenshot below.
Some of the fields is self-explanatory (Purchase date of the property) while others are a bit tougher for me to figure out what it means exactly e.g. Opening balance of the underpreciated capital cost and ACB of of the depreciable capital property in this class.
Thank you kindly!
[url=https://ibb.co/5kGryhV][img]https://i.ibb.co/T1Y4SM5/CCA.jpg[/img][/url]
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