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Old 04-19-2010, 12:39 PM   #12
red sky
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Quote:
Originally Posted by fotze View Post
I think you would pay the gains based on the value you sell it minus the value when it became a rental unit.
According to this schedule: http://www.cra-arc.gc.ca/E/pbg/tf/t2...091ind-09e.pdf

It takes the difference between the years that I owned it and the years it was a rental however line 19 shows that you take the years it was my primary residence and adds one which would then result in the exact same numbers in line 17 and line 22 and thus no capital gains. If you see it otherwise let me know though.

Last edited by red sky; 04-19-2010 at 12:46 PM.
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