Line 5 - Real estate, depreciable property, and other properties
Line 5 - Real estate, depreciable property, and other properties
Use this section if the trust sold real estate or depreciable property.
The trust cannot have a capital loss on the disposition of depreciable property. However, it can have a terminal loss under the capital cost allowance rules. For more information, see "Real estate, depreciable property and other properties"in Guide T4037, Capital Gains.
Note
See "Flipped property"on the next page.
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