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    mbgibbons
    New Member
    posted
    ‎October 29, 2019 6:02 PM
    last updated ‎October 29, 2019 6:02 PM

    How do I claim CCA for a house purchased ? I have a home based business. I have done the "Business In Home" form... just not sure about CCA

     
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    Delphision
    New Member
    ‎October 29, 2019 6:02 PM

    How do I claim CCA for a house purchased ? I have a home based business. I have done the "Business In Home" form... just not sure about CCA

    If this is your primary residence, it is not recommended to claim CCA.  You would have to pay capital gains on the business portion of the house if you sold it.

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    Delphision
    New Member
    ‎October 29, 2019 6:02 PM

    How do I claim CCA for a house purchased ? I have a home based business. I have done the "Business In Home" form... just not sure about CCA

    If this is your primary residence, it is not recommended to claim CCA.  You would have to pay capital gains on the business portion of the house if you sold it.

    View solution in original post

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    mbgibbons
    New Member
    ‎October 29, 2019 6:02 PM

    How do I claim CCA for a house purchased ? I have a home based business. I have done the "Business In Home" form... just not sure about CCA

    Thank you!  I thought my lawyer had told me I HAD to... And I hadn't done it before...
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    Delphision
    New Member
    ‎October 29, 2019 6:02 PM

    How do I claim CCA for a house purchased ? I have a home based business. I have done the "Business In Home" form... just not sure about CCA

    Lawyers are not tax specialists.  Accountants are not lawyers.
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