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New Member
posted Oct 29, 2019 6:02:21 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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1 Best answer
New Member
Oct 29, 2019 6:02:22 PM

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.

3 Replies
New Member
Oct 29, 2019 6:02:22 PM

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.

New Member
Oct 29, 2019 6:02:24 PM

Thank you!  I thought my lawyer had told me I HAD to... And I hadn't done it before...

New Member
Oct 29, 2019 6:02:25 PM

Lawyers are not tax specialists.  Accountants are not lawyers.