Bruce owns a condo that he rents out. For this year, he has collected $24,000 in...
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Bruce owns a condo that he rents out. For this year, he has collected $24,000 in rental income. His rental expenses that he pays are as follows: Repairs Gas $6,000 $2,100 Insurance $3,600 Property Tax $8,000 CCA $5,500 What is the maximum CCA Bruce can claim on his rental property? Bruce owns a condo that he rents out. For this year, he has collected $24,000 in rental income. His rental expenses that he pays are as follows: Repairs Gas $6,000 $2,100 Insurance $3,600 Property Tax $8,000 CCA $5,500 What is the maximum CCA Bruce can claim on his rental property?
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