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T776 : Appliances purchased with co-owner


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We purchased a rental property.  I own 50%, and the other person own 50%.

We entered income and expense.  For the appliances that we purchased, I added CCA - Class 8.   We paid $2834.98 for the fridge, washer and dryer. 

Question :

1) To whom the CCA should be allocated, should I choose Partner level?

2) Portion % CCA used for business.  What should I enter?


The rest of the information here is correct?






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Hello Tien,
As a co-owner of a rental property, you should choose "Business level (full amounts-100%)"

You should leave the line "Opening balance of the undepreciated capital cost"  blank. The program will this automatically next year.

Enter only the purchase date and the amount of capital additions other than AIIP.

Leave all other fields blank.

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