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How do I deal with CCA and co-ownership?
I have a 25% ownership in a rental property. Because I own more than one rental property my rental income is in a loss position this year so I cannot claim any CCA to further reduce that loss, however the other owners are not in the same loss position that I am. Can CCA be deducted on just their share of the income?
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October 30, 2019
11:10 AM