how to find undepreciated capital cost of rental property in brampton?

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1491 viewsMay 17, 2021Accounting

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Jagmeet Rai (anonymous) Posted May 16, 2021

Hi Allan, How To Find Undepreciated Capital Cost Of Rental Property In Brampton? I have bought this property in 2019. I have not claimed CCA in 2019 tax year but want to claim it for 2020 FY. thanks!

1 Answer

score 0 · Answer 1 · 2021-05-17T18:26:52+00:00

In your case, the UCC is equal to the purchase price + closing costs paid because you have not claimed any CCA to date.

how to find undepreciated capital cost of rental property in brampton?

1 Answer

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