Hi there,

You will be required to report the proceeds from the sale of your rental home, for the year when it happens, as a gain or a loss.

Here's some additional information you could use: 
https://turbotax.community.intuit.ca/community/investments-rentals/discussion/how-to-report-sale-of-...

Thanks!

Sorry lets go at this a different way, is there an ITC for rental income as a solid portion of our combined income, or is this only applicable for property sold?

Got it, thanks for clarifying that.

Yes, income from rental properties is considered taxable income and needs to be reported.

Here’s more information for you:

https://turbotax.community.intuit.ca/turbotax-support/en-ca/help-article/income/enter-rental-income-...

Do let me know if this answers your question(s), or if you’d need additional information. Thanks!