When calculating CCA rate on Class 8 expenses for rental properties, it does not appear to take a value for the CCA deduction.
There is also no field to spcify the month that the equipment was purchased (ie. November 2014 would be a 2/12 and 20% CCA calculation.) How is this modifed or is this a software issue?
Is it possible that you already have a net rental loss before claiming CCA? You should be aware that you cannot create or increase a rental loss by claiming CCA. Also, the half-rate rule applies to the additions you make during the year. Because of this you do not have to pro-rate CCA further by the 2 months out of 12 that you owned the property. For more info please see http://www.cra-arc.gc.ca/tx/bsnss/tpcs/rntl/cca-dpa/mch-eng.html
