CA Jurisdiction • Form T776
Canada Landlord Software & CRA Form T776 (Statement of Real Estate Rentals) Ledger
Purpose-built for landlords in Canada. Automatically categorize operating expenses into the 14 official CRA Form T776 (Statement of Real Estate Rentals) lines, track security / last month's rent deposit caps, and manage tenant records locally.
Official Tax Filing
CRA Form T776 (Statement of Real Estate Rentals)
Generates a multi-column P&L matching the statutory tax schedule line by line.
Tax Year: Tax Year 2026 Capital Allowances
Building Depreciation
Capital Cost Allowance (CCA) on Class 1 buildings is 4% declining balance. The half-year rule applies in the year of acquisition. Crucially, CCA CANNOT create or increase a net rental loss.
Security / last month's rent deposit Regulations
State / Province Cap
Rules vary dramatically by province: Ontario strictly prohibits security deposits (permitting only last month rent); BC permits max half-month deposit; Quebec prohibits deposits entirely.