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What class under Capital Cost Allowance do I select to claim the costs for a kitchen remodel at my rental property?
We had a new kitchen put in at our rental property and I want to claim the expense under Capital Allowance. I'm not sure what class the expense falls under. The building is a townhouse, built after 1990.
November 25, 2023
1:41 PM
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Investors and rental owners
The classification for the CCA will depend on the value of the expense and other aspects.
Please visit this link (current expenses and capital expenses) from the CRA and contact the CRA by phone at 1-800-595-8281 for more precise details on this matter.
Thank you for choosing TurboTax.
November 27, 2023
6:46 AM
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Investors and rental owners
Wonder if you ever figured this out? i had improved an existing Bathroom in my rental and am unsure what to do to claim the expense.
Monday
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Investors and rental owners
@lexisexy The classification for the CCA will depend on the value of the expense and other aspects.
Please visit this link (current expenses and capital expenses) from the CRA and contact the CRA by phone at 1-800-595-8281 for more precise details on this matter.
5 hours ago