We are renting it out a separate suite within our principal residence - reno cost is over 3x the house's (not land) assessed value - worth declaring CCA to recoup reno $?
01195
1 Replies
TurboTaxSusan
Moderator
May 4, 2023 9:51:40 AM
You should talk to someone knowledgeable in this topic before taking CCA on your principal residence.