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Protected B when completed
 
Part 4 – Expenses
 
 
Total expenses
  Personal portion of
total expenses
  Short-term rental portion
of total expenses
  Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8521        
  Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8690        
  Interest and bank charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8710        
  Office expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8810        
  Professional fees (including legal and accounting fees) . . . . . . . . 8860        
  Management and administration fees . . . . . . . . . . . . . . . . . . . . . . 8871        
  Repairs and maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8960        
  Salaries, wages and benefits (including employer's contributions) 9060        
  Property taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9180        
  Travel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9200        
  Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9220        
  Motor vehicle expenses (not including capital cost allowance) . . . 9281        
  Other expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9270        
 
Total expenses (add amounts listed under "Total expenses") . . . . .    A
 
Total for personal portion (add amounts listed under "Personal portion of total expenses") 9949    
 
  Total for short-term rental portion (add amounts listed under "Short-term rental portion of total expenses") . . . . . . . . 9365  
 
  Non-compliant amount for short-term rentals (amount B from Chart A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9366  
 
  Deductible expenses (amount A minus line 9949 minus line 9936) . . . . . . . . . . . . . . . . . .   1
  Net income (loss) before adjustments (total gross rental income from line 8299 minus deductible expenses from amount 1) 9369  
  Co-owners: calculate your share of net income from line 9369. Enter your result on amount 2 . . . . . . . . . . . . . . . . . . . . . . . .   2
   
  Other expenses of the co-owner: other deductible expenses you have as a co-owner which you did not deduct elsewhere 9945  
Subtotal (amount 2 minus line 9945)   3
   
  Recaptured capital cost allowance (co-owners: enter your share of the amount) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9947  
Subtotal (amount 3 plus line 9947)   4
   
  Terminal loss (co-owners: enter your share of the amount) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9948  
Subtotal (amount 4 minus line 9948)   5
 
  Non-compliant amount of capital cost allowance (CCA) for short-term rentals (amount C from Chart B) . . . . . . . 9367  
 
  Total CCA claim for the year (amount ii from Area A minus any personal part of CCA, and any CCA for
  business-use-of home expenses) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9936  
 
  Net income (loss) (amount 5 minus line 9936) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   6
  If you are a sole proprietor or a co-owner enter this amount on line 9946.
  Partnerships
  Partners: your share of amount 6, or the amount from your T5013 slip, Statement of Partnership Income . .   7
   
  Partners: GST/HST rebate for partners received in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9974  
   
  Partners: other expenses of the partner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9943  
  Your net income (loss): For sole proprietors or co-owners, enter the result from amount 6. For partnerships, enter the
result from amount 7 plus line 9974 minus line 9943 . Enter this amount on line 12600 of your income tax and benefit
  return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9946  
 
 
 
 
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