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Investors and rental owners
You can add your dishwasher to Class 8 if you want.
The $500 minimum is really just for tools. However, many people use the $500 as an unofficial minimum for all class 8 items (and some other classes as well). So if an item costs less than $500, many people will just claim it as an expense in the year they bought it, rather than depreciate the asset slowly through CCA.
‎October 30, 2019
10:35 AM