What is the UCC on a 4-unit rental property that ended 2019 with a UCC of $115,456 when I spent $105,360 in 2020 renovating two of the units so they could be rented?

[dhsandarusi]

Can I claim the Accelerated Investment Incentive?

[zo mohammady]

The steps to Calculate UCC are below:

1. Start with your UCC in any class and add the amount you spent on a new property in the class.
2. Then, subtract the proceeds you earned from the disposition of property in that class.

For more details, please see  the link below: Recapture of Capital Cost Allowance

According what you have done in renovating you need to find  the correct class .Classes of depreciable property.

Not all property can be applied AII .To know if you can claim see the list on the following link:

What is the capital cost allowance (CCA) on accelerated investment incentive properties and zero-emi...

TurboTax article Accelerated Investment Incentive

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