T776 expense categories, explained
Examples of common rental expenses and where they appear on T776.
Last verified: autumn 2026
T776 expense categories
T776 has 13 expense categories, each with its own line number. Choose a category when you record an expense to keep the year’s totals organised.
Condo fees
Condo fees are commonly reported on line 8871, management & administration fees. The regular fee is generally recorded together rather than divided between the utilities, repairs, and other costs it covers.
Mortgage payments
Only the interest portion of a mortgage payment belongs on line 8710. Principal, the part that repays the loan, is not recorded as an expense or a capital addition on T776. Your lender’s annual statement usually shows the interest separately from principal, so you can check the amount against that record.
Repairs and improvements
Replacing a broken window with a similar one is commonly a current expense on line 8960. Work that improves the property beyond its original condition is commonly a capital addition. Its cost is deducted over time through capital cost allowance (CCA). See the repair-or-improvement guide for examples.
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Record rent and expenses through the year, then create a T776 summary.
Nothing on this page is tax advice. The figures shown are worked examples, for record-keeping. Verify amounts against your records and consult a qualified tax professional.