Hi LiseL,
If the total cost of a condo property is $400000.0, and the ownership ratio is 10%:20%:70%, in the CCA column "the opening balance of the undepreciated capital cost", should I enter $40,000.0 on the first owner's tax return, $80,000.0 on the second owner's tax return, enter $280,000.0 on the third owner's tax return,
or enter $400000.0 on each owners' tax return?
Thanks!