Entering rental income and expenses (interview)

Enter rental income and expense information (including capital cost allowance) in the INCOME & EXPENSES section of the interview.

If your rental income is reported on a T5013 slip, enter the information in the T-slips entry screen instead.

Using the T-slips entry screen.

  1. On the first Personal Tax Profile screen, answer Yes to the question, "did you have income from investments such as interest earned on investments, the sale of stocks or stock options, the sale of real property, income from rental property or other related investment expenses?"
  2. Answer Yes to the Did you have income or expenses from a rental property? checkbox.
  3. On the Real Estate Rentals Statement screen, select the Income from a rental property checkbox and click Continue.