When CCA is deducted it puts me into a negative/loss. I thought you couldn't use CCA to create a loss?

When I enter gross rent and eligible expenses, I show a net income. However CCA is then calculated based on property additions which puts me $1200 into the negative. I thought CCA could not be used to create a loss?

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correct ... you cannot use CCA to create or increase a rental loss on the net aggregate of rental income.

great links above, so moving this to "answered" for other viewers with similiar question.

 

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