PeterP

I was able to solve my problem. 2 issues. I should have recorded the gain under Personal Use Property. And 2, on the first year of reserve, leave the reserve fields blank. Ufile will deduct the amount I declared as a gain and complete the reserve fields. Next year if ufile doesn't carry forward reserve I will have to enter it.

I have similar problem. I transferred ownership of cottage to children. I want to defer capital gains and take in 20% per year. The ufile system is calculating / recording double the capital gain it should.