How do I determine land value in order to determine building value for CCA purposes for New Brunswick?
How do I determine land value in order to determine building value for CCA purposes for New Brunswick? I checked the property assessment notice and there is only 1 value. Didn't see anything about land vs building. How can I find out the details?
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1 Replies
TurboTaxSusan
Moderator
Feb 24, 2023 12:42:00 PM
Land is not depreciable property. Only include the cost related to the building.