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New Member
posted Oct 30, 2019 3:41:04 AM

Since CCA can not be used to create rental loss, Can CCA be claimed in later years when the rental property earns income?

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New Member
Oct 30, 2019 3:41:05 AM

In a way yes, The Ending UCC is only reduced by the amount of CCA actually claimed. Therefore, more UCC, the longer it will take for the asset to deplete.

1 Replies
New Member
Oct 30, 2019 3:41:05 AM

In a way yes, The Ending UCC is only reduced by the amount of CCA actually claimed. Therefore, more UCC, the longer it will take for the asset to deplete.