simuls
Senior Member
Does anyone know how capital gains tax works on partially rented units? For example a house that you rent entirely is subject to capital gains when sold because it's an investment, but if you have a multiple suite house and live in one suite and rent another, are you still subject to capital gains? What if you have a 2 bedroom condo and rent one of the bedrooms out - is the whole suite now considered an investment or is it still your primary residence and no cg would apply? Or would cg only apply on the portion you're renting? I can't seem to find the answers on the cra site. Thanks in advance.