[I-Hate-Hulse]

I know lots of people here have revenue properties so I'll try this rather obscure question here. It's tax related so excuse the geek speak.

The rental property in question is an apartment style condominium held in fee simple. In short, I don't believe the "land" is held in ownership by the owner. A unit factor of the common property is owned, but not "land" per se.

In terms of claiming CCA for a rental property, one has to make a distinction between the cost of the "land" and that of the "building". In a detached house that's easy, but how does one apportion the purchase cost of the condo, which is usually not divided into land and building? Or is the definition of land not applicable in a condominium - and I can roll the entire purchase price into Class 1 CCA?

One other curveball - do you have to file something with CRA to formally declare a "change in use" (deemed disposition) from Principal Residence to rental property? Reading From T776 is doesn't appear I have to do anything, unless I actually sell the place.

I called CRA and got someone who was really only good for reading off her computer screen. Anyone here slogged through a rental return? Thanks