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February 23, 2023
Question

How do I determine land value in order to determine building value for CCA purposes for New Brunswick?

  • February 23, 2023
  • 1 reply
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How do I determine land value in order to determine building value for CCA purposes for New Brunswick? I checked the property assessment notice and there is only 1 value. Didn't see anything about land vs building. How can I find out the details?

    1 reply

    TurboTaxSusan
    February 24, 2023

    Land is not depreciable property. Only include the cost related to the building.