DEOCOCHRANE Posted March 26, 2022 Report Share Posted March 26, 2022 I sold a rental property this year and am struggling to follow the process in Ufile. The FMV when we converted the property to rental was $450,000 and we sold it for $455,000 (including land value). The balance of CCA (less land value) is $324,164. Which numbers do I enter as proceeds, cost base etc. and where? I have both the schedule 3 and the CCA form to complete, correct? I am struggling to understand the ACB/Proceeds/UCC and going in circles in the CRA guide. Also does the Ufile program automatically calculate the CCA recapture and add it to my income? I don't see a line for it on the return. I have used Ufile for the 6 years we rented the property and carried forward my returns each year. Thank you Quote Link to comment Share on other sites More sharing options...
Riverview Posted April 28 Report Share Posted April 28 I want to know too.. Quote Link to comment Share on other sites More sharing options...
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