Repair or improvement?
Answer up to two questions about the work to compare a current expense with a capital improvement.
Read the full guide →Does this expense restore the property to its original condition, or improve it beyond that?
Keep track of repairs and improvements
Record the work with its receipt. Capital additions are kept separate from current expenses and included in future CCA calculations.
The other free tools
T776 expense categories
Look up rental expense categories and their T776 lines.
Open the cheat sheetPersonal-use expense split
Calculate the personal portion on line 9949 and the remaining rental expenses.
Split the expensesRental CCA calculator
Estimate the maximum capital cost allowance (CCA) for a Class 1 building.
Estimate the maximumCo-ownership split
Calculate each owner's share of rental income after expenses and personal use.
Calculate each shareRent increase calculator
Work out the guideline maximum, the earliest effective date and the notice deadline for Ontario, BC and Manitoba, and the dates for Alberta.
Check the datesMortgage payment calculator
Work out a Canadian mortgage payment, compounded semi-annually, and how much of the first year's payments is interest.
Work out the paymentThis summary is generated from the information you entered and is provided for record-keeping purposes only. It is not tax advice. Verify amounts against your records and consult a qualified tax professional.