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calf · 01-08-2007, 11:42 PM

Check out Interpritation Bulletin 304R2, Paragraph 6 - http://www.cra-arc.gc.ca/E/pub/tp/it...it304r2-e.html

From what I gather, you get a proportional interest in items such as land, parking lot & other common areas, and this must be seperated out for CCA purposes, even though your condo doesn't necessarily have a land component (unless it's a ground unit which has a balcony or something of that nature). Your proportional interest, apparantly per paragraph 2c), should be in documents filed with the land registry.

re: the rollover/change in use - not sure about any filings...I'll look

01-08-2007, 11:42 PM	#2
calf broke the first rule Join Date: Jan 2004 Exp:	Check out Interpritation Bulletin 304R2, Paragraph 6 - http://www.cra-arc.gc.ca/E/pub/tp/it...it304r2-e.html From what I gather, you get a proportional interest in items such as land, parking lot & other common areas, and this must be seperated out for CCA purposes, even though your condo doesn't necessarily have a land component (unless it's a ground unit which has a balcony or something of that nature). Your proportional interest, apparantly per paragraph 2c), should be in documents filed with the land registry. re: the rollover/change in use - not sure about any filings...I'll look Last edited by calf; 01-08-2007 at 11:46 PM.