on october 1 roxanne acquired her brother s west vancouver condominium rental proper 4372443

On October 1, Roxanne acquired her brother’s West Vancouver condominium rental property for $600,000 (ignore any land portion). Her brother has owned it for five years and had a capital gain of $250,000 on selling it to Roxanne. He will include 50% of that in his income. Roxanne believes she can earn net rental income of $9,000 annually, and LU of that amount for the final quarter of this year. REQUIRED Compute the maximum CCA that Roxanne may claim in this first taxation year. View Solution:
On October 1 Roxanne acquired her brother s West Vancouver condominium

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