I am completing a rental income on the T776 but once I've entered all the information and am completed it shows the income as 0.00 which isn't correct.
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1 Best answer
TaxHelp5
New Member
Oct 29, 2019 8:05:56 PM
You cannot create or increase a rental loss with depreciation (CCA). So if you were trying to claim depreciation to get a loss, that might explain why it goes to zero and not a loss.
1 Replies
TaxHelp5
New Member
Oct 29, 2019 8:05:56 PM
You cannot create or increase a rental loss with depreciation (CCA). So if you were trying to claim depreciation to get a loss, that might explain why it goes to zero and not a loss.