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Never used Capital Cost Allowance on Sold Rental Property
Hello,
We never claimed Capital Cost Allowance on Siding replacement in 2015 on our rental property.
Siding replacement helped us to make a gain during rent and sale price. We sold rental property with gains in 2022.
Is it worth to declare now?
And If Yes, how to declare the full amount of capital expenses for the last year of owning our rental property?
‎April 18, 2023
8:11 AM