I have two questions about calculating capital gain for the selling of rental property:
1. I paid CMHC mortgage loan insurance when I bought the property (10 years ago), but did not expense it. Can I include the CMHC mortgage loan insurance as part of the Adjusted Cost Base (ACB)?
2. Can I include the mortgage cancellation penalty/interest (3 months) as part of the "Outlays and Expenses"?
Ayad1
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nicholasaidan
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user2506321386
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josephpallant
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user2506321386
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