In your case, you are using the vehicle for two different purposes – to earn rental income and to earn income as a rideshare driver. In both cases, your car would be Class 54 (if it meets the ZEV eligibility criteria). Class 54 cars purchased between March 18, 2019, and before 2024 have a CCA rate of 100%. So, you can take the full 100% if you would like. But as you are using your vehicle to earn 2 different types of income, you can’t just enter your CCA in one place – you would have to enter part of it on your rental income form and your self-employment form. And you can’t include any personal use, even if it’s small.
Taking CCA is optional, so you can take only a portion this year or none at all. Anything that you don’t claim this year will remain in your UCC balance for future years. Since you can’t use CCA to create or increase a rental loss, you may not be able to take the full amount there.
