T776 rental expenses
Total rental income and expenses by T776 line, and the net income before CCA.
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Income and expenses
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Rules and sources
Rules as of 2026-11-06
Lines follow the CRA form T776, Statement of Real Estate Rentals. Amounts are for the whole property, then multiplied by your share. The personal-use portion is taken off expenses only.
Whether a cost is current (deductible now) or capital (claimed through CCA) is your call. This tool does not decide. Read the CRA guidance: Current and capital expenses
This tool does not calculate CCA (capital cost allowance). CCA is claimed separately on the T776. Read the CRA guidance: Capital cost allowance
Sources
This is general information, not legal or tax advice. For your situation, check with the Canada Revenue Agency.