EachTax.com

1
Rental property address
(enter proerty address in Part 3 to populate the dropdown property address list in this column)

2
Unit number

3
Related portion of the total from line 9365 of Part 4

4
Number of days the residential property was a non-compliant short-term rental

5
Number of days the residential property was a short-term rental

6
Non-compliant amount (col. 3 multiplied by col. 4 divided by col. 5)

Total non-compliant amount of expenses for short-term rentals: Total of column 6 (enter on line 9366 of Part 4)

T776 Forms: 1
	Federal forms:

Protected B when completed

Statement of Real Estate Rentals

2
	Protected B when completed

Part 4 - Expenses


			Total expenses		Personal portion of total expenses		Short-term rental portion of total expenses
Advertising		8521
Insurance		8690
Interest and bank charges		8710
Office expenses		8810
Professional fees (including legal and accounting fees)		8860
Management and administration fees		8871
Repairs and maintenance		8960
Salaries, wages, and benefits (including employer's contributions)		9060
Property taxes		9180
Travel		9200
Utilities		9220
Motor vehicle expenses (not including capital cost allowance)		9281
Other expenses		9270
	Total expenses (add amounts listed under "Total expenses")			A
	Total for personal portion (add amounts listed under "Personal portion of total expenses")			9949
	Total for short-term rental portion (add amounts listed under "Short-term rental portion of total expenses").					9365

	Non-compliant amount for short-term rentals (amount B from Chart A)					9366

Deductible expenses (amount A minus line 9949 minus line 9366)								1
Net income (loss) before adjustments (total gross rental income from line 8299 minus deductible expenses from amount 1)						9369
Co-owners: calculate your share of net income from line 9936. Enter your result on amount 2								2
Other expenses of co-owners: other deductible expenses you have as a co-owner which you did not deduct elsewhere						9945
Subtotal (amount 2 minus line 9945)								3
Recaptured capital cost allowance (co-owners: enter your share of the amount).						9947
Subtotal (amount 3 plus line 9947)								4
Terminal loss (co-owners: enter your share of the amount).						9948
Subtotal (amount 4 minus line 9948)								5

Non-compliant amount of capital cost allowance (CCA) for short-term rentals (amount C from Chart B) .						9367
Total CCA claim for the year (amount ii from Area A minus any personal part of CCA, and any CCA for business-use-of home expenses) .						9936
Net income (loss) (amount 5 minus line 9936) If you are a sole proprietor or a co-owner, enter this amount on line 9946.								6

Partnerships Partners: your share of the amount 6, or the amount from your T5013 slip, Statement of Partnership Income								7
Partners: GST/HST rebate for partners received in the year						9974
Partners: other expenses of the partner						9943

Your net income (loss): For sole proprietors or co-owners, enter the result from amount 6. For partnerships, enter the result from amount 7 plus line 9974 minus line 9943. Enter this amount on line 12600 of your income tax and benefit return.						9946

3
	Protected B when completed

Area A - Calculation of capital cost allowance (CCA) claim

Software Note

Please enter only one entry per each class (number) in Area A.
If there are equipment/building additions/dispositions in Area B, C, D and E, please enter a class numbe for each entry. The software calculates based on matching class numbers.
If Chart B applies, please enter a class number for each Rental property. The software calculates based on matching class numbers.
To claim less than the calculated CCA, please override the calculated amount in column 18 per each class in Area A.

1 Class number	2 Undepreciated capital cost (UCC) at the start of the year	3 Cost of additions in the year (see Areas B and C below)	4 Cost of additions from column 3 that are DIEPs (property must be available for use in the year) Note 1	5 Proceeds of dispositions in the year (see Areas D and E below) Note 2	6 Proceeds of dispositions of DIEP (enter amount from col. 5 that relates to DIEP from col. 4)	7 UCC after additions and dispositions (col. 2 plus col. 3 minus** col. 5)	8 UCC of DIEP (col. 4 minus col. 6) Note 3	9 Immediate expensing amount for DIEPs Note 4	10 Cost of remaining additions after immediate expensing (col. 3 minus col. 9)

Total immediate expensing claim for the year: Total of column 9									i

11 Cost of remaining additions from column 10 that are AIIPs or ZEVs Note 5	12 Remaining UCC after immediate expensing (col. 7 minus col. 9) If negative, enter "0"	13 Proceeds of dispositions available to reduce additions of AIIPs and ZEVs (col. 5 minus col. 10 plus col. 11). If negative, enter "0"	14 UCC adjustment for current-year additions of AIIPs and ZEVs (col. 11 minus col. 13) multiplied by the relevant factor. If negative, enter "0" Note 6	15 Adjustment for current year additions subject to the half-year rule. 1/2 multiplied by (col. 10 minus col. 11 minus col. 5). If negative, enter "0"	16 Base amount for CCA (col. 12 plus col. 14 minus col. 15)	17 CCA rate %	18 Available CCA for the year (col. 16 multiplied by col. 17 or a lower amount, plus col. 9)	19 Non-compliant amount of CCA (see Chart B below)	20 CCA claim for the year (col. 18 minus col. 19)	21 UCC at the end of the year (col. 7 minus col. 20) Note 7

Total CCA claim for the year**										ii
Personal part of the CCA and any CCA for business-use-of-home expenses*** -
Business part of the CCA claim for the year (enter the amount on line 9936 of Part 4) =

*	If you have a negative amount in column 7, add it to income as a recapture under "Recaptured capital cost allowance" on line 9947. If no property is left in the class and there is a positive amount in the column, deduct the amount from your income as a terminal loss under "Terminal loss" on line 9948.. Recapture and terminal loss do not apply to a Class 10.1 property unless it is a DIEP. For more information, read Chapter 3 of Guide T4036.
**	Sole proprietors and partnerships: Enter the total CCA claim for the year from amount ii on line 9936. Co-owners: Enter only your share of the total CCA claim for the year from amount ii on line 9936.
***	For information on CCA for "Calculating business-use-of-home expenses," see "Special situations" in Chapter 4 of Guide T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income. To help you calculate the CCA, see the calculation charts in Areas B to G.

See next page for notes 1 to 7.

4
	Protected B when completed

Note 1:		Columns 4, 6, 8 and 9 apply only to designated immediate expensing properties (DIEPs). See subsection 1104(3.1) of the Income Tax Regulations for definitions. A DIEP is a property that you acquired after December 31, 2021, and that became available for use in the current year. For more information, see Guide T4036.
Note 2:		The proceeds of disposition of a zero-emission passenger vehicle (ZEPV) that has been included in Class 54, or a passenger vehicle bought after April 18, 2021, that has been included in Class 10.1, and whose cost is more than the prescribed amount will be adjusted based on a factor equal to its prescribed amount as a proportion of the actual cost of the vehicle. For dispositions after July 29, 2019, you will have to adjust the actual cost of the vehicle for any payments or repayments of government assistance that you may have received or repaid for the vehicle. If the passenger vehicle in Class 10.1 is not designated for immediate expensing treatment, this special rule does not apply. For more information on proceeds of disposition and prescribed amounts, read "Class 10.1 (30%)" and "Class 54 (30%)" in Guide T4036.
Note 3:		The amount you enter in column 8 must not be more than the amount from column 7. If the amount from column 7 is negative, enter "0."
Note 4:		The immediate expensing applies to DIEPs included in column 8. The total immediate expensing amount for the tax year (total of column 9) is limited to the lesser of: the immediate expensing limit, which is equal to one of the following, whichever is applicable: $1.5 million, if you are not associated with any other eligible person or partnership (EPOP) in the tax year amount iv of Area G, if you are associated with one or more EPOPs in the tax year zero, if you are associated with one or more EPOPs and an agreement that assigns a percentage to one or more of the associated EPOPs was not filed with the minister in a prescribed form any amount allocated by the minister under subsection 1104(3.4) of the Regulations the UCC of DIEPs in column 8 the amount of income, if any, earned from the source of income that is a property (before any CCA deductions) in which the relevant DIEP is used for the tax year For more information, see Guide T4036.
Note 5:		Columns 11, 13 and 14 apply only to accelerated investment incentive properties (AIIPs) (see subsection 1104(4) of the Income Tax Regulations for the definition), zero-emission vehicles (ZEVs), ZEPVs and other eligible zero-emission automotive equipment and vehicles that become available for use in the year. In this chart, ZEVs represent ZEVs, ZEPVs and other eligible zero-emission automotive equipment and vehicles. An AIIP is a property (other than a ZEV) that you acquired after November 20, 2018, and that became available for use before 2028. A ZEV is a motor vehicle included in Class 54 or 55 that you acquired after March 18, 2019, and that became available for use before 2028, or eligible zero-emission automotive equipment and vehicles included in Class 56 acquired after March 1, 2020, and that became available for use before 2028. For more information, see Guide T4036.
Note 6:		For properties available for use before 2026, the relevant factors are 1 1/2 (Classes 43.1, 54, and 56), 7/8 (Class 55), 1/2 (Classes 43.2 and 53), and 0 for any remaining AIIPs not listed in this note.
Note 7:		If, in the year, you disposed of a property that you used for both personal and rental use, and your rental use of that property changed from year to year, you must subtract any remaining personal part of this property's cost from the UCC at the end of the year. For more information, see "Special situations" in Chapter 4 of Guide T4002.

For more information on AIIPs, CCA, ZEVs and ZEPVs, see Guide T4036 or go to canada.ca/taxes-accelerated-investment-income.

List all equipment or other property you acquired or improved in the current tax year, and group them into the appropriate classes. Equipment includes appliances such as a washer and dryer; maintenance equipment such as a lawn mower or a snow blower; and other property such as furniture and some fixtures you acquired to use in your rental operation.

Area B - Equipment additions in the year
1
Class number 2
Property description 3
Total cost 4
Personal part
(if applicable) 5
Business part
(column 3 minus column 4)

Total equipment additions in the year (total of column 5) 9925

List all building or leasehold interest additions you acquired or improved in the current tax year. Group the depreciable property you own into the appropriate classes.

Area C - Building additions in the year
1
Class number 2
Property description 3
Total cost 4
Personal part
(if applicable) 5
Business part
(column 3 minus column 4)

Total building additions in the year (total of column 5) 9927

Area D - Equipment dispositions in the year

1 Class number	2 Property description	3 Proceeds of disposition (should not be more than the capital cost)	4 Personal part (if applicable)	5 Business part (column 3 minus column 4)

Total equipment dispositions in the year (total of column 5) 9926

5
	Protected B when completed

Area E - Building dispositions in the year

1 Class number	2 Property description	3 Proceeds of disposition (should not be more than the capital cost)	4 Personal part (if applicable)	5 Business part (column 3 minus column 4)

Total building dispositions in the year (total of column 5) 9928

Area F - Land additions and dispositions in the year

Total cost of all land additions in the year		9923
Total proceeds from all land dispositions in the year		9924

Area G - Agreement between associated eligible persons or partnerships (EPOPs)


Are you associated in the fiscal period with one or more EPOPs that you have entered into an agreement with under subsection 1104(3.3) of the Regulations?	Yes No

If you answered yes, fill in the table below. Enter the percentage assigned to each associated EPOP (including your business) as determined in the agreement. This percentage will be used to allocate the immediate expensing limit. The total of all percentages assigned under the agreement should not be more than 100%. If the total is more than 100%, then the associated group has an immediate expensing limit of zero. For more information about the immediate expensing limit, see Guide T4036.

1 Name of the EPOP	2 Identification number Note 8	3 Percentage assigned under the agreement (%)

Total of percentage assigned: Total of column 3

Immediate expensing limit allocated to your business: Multiply $1.5 million by the percentage assigned to your business in column 3 (see note 9) .		iii


Note 8:	The identification number is the EPOP's social insurance number, business number or partnership account number.
Note 9:	If the total of column 3 is more than 100%, enter "0".

6
	Protected B when completed

Chart A - Non-compliant amount of expenses for short-term rentals If you incurred an expense to earn rental income from a rental property with multiple rental units, where some rental units were used for short-term rentals, long-term rentals, or both short-term and long-term rentals (mixed rentals), exclude the portion of the expense which is related to long-term rentals. You must divide expenses, on a reasonable basis, between each short-term rental or mixed rental.

Enter each short-term rental or mixed rental property on a separate row. If your rental property has several units which include long-term, short-term, and mixed rentals, enter each short-term rental or mixed rental on a separate row instead of the rental property they are part of.

Note: For the 2024 tax year only, if you had a short-term rental and that short-term rental:

was compliant with all applicable requirements by December 31, 2024, enter "0" in column 4. Your non-compliant amount in column 6 is zero;
was non-compliant with all applicable requirements by December 31, 2024, enter in column 5 the same number of days you entered in column 4. Your non compliant amount in column 6 is equal to the amount in column 3.

For more information on short-term rentals, see Guide T4036.

Chart B - Non-compliant amount of CCA for short-term rentals If you used a depreciable property to earn rental income from a rental property with multiple rental units, where some rental units were used for short-term rentals, long-term rentals, or both short-term and long-term rentals (mixed rentals), exclude the portion of the CCA which is related to long-term rentals. You must divide CCA, on a reasonable basis, between each short-term rental or mixed rental.

Note: For the 2024 tax year only, if you had a short-term rental and that short-term rental:

was compliant with all applicable requirements by December 31, 2024, enter "0" in column 5. Your non-compliant amount in column 7 is zero;
was non-compliant with all applicable requirements by December 31, 2024, enter in column 6 the same number of days you entered in column 4. Your non compliant amount in column 7 is equal to the amount in column 4.

For more information on short-term rentals, see Guide T4036.


1 Class number	2 Rental property address (enter proerty address in Part 3 to populate the dropdown property address list in this column)	3 Unit number	4 Related portion of the available CCA from column 18 in Area A	5 Number of days the residential property was a non-compliant short-term rental	6 Number of days the residential property was a short-term rental	7** Non-compliant amount (col. 3 multiplied by col. 5 divided** by col. 6)

Total non-compliant amount of CCA for short-term rentals: Total of column 6 (enter on line 9367 of Part 4)							C


****	For each class, add the amounts from column 7 of Chart B and enter each total in column 19 of Area A, in the respective row.