Question
T776CCA AreaG - Rental Income - HELP
First client with rental income..
Married Couple..
They have a basement suite that they rent out.
I prepared the T776 and the couple has decided to split the income 50/50. I entered the details, please see below, and I entered the expenses... the personal portion use is 73%
Upon checking the Auditor, It wants me to check T776CCASummary#1, please see below,
There is this area here that's throwing me off.
Do I have to worry about this? The couple has had the house since 2018... they just started renting the suite last year.
