On October 1, Roxanne acquired her brother's West Vancouver condominium rental property for $600,000 (ignore any land portion). Her brother has owned it for five years and had a capital gain of $250,000 on selling it to Roxanne. He will include 50% of that in his income. Roxanne believes she can earn net rental income of $9,000 annually, and LU of that amount for the final quarter of this year.
REQUIRED
Compute the maximum CCA that Roxanne may claim in this first taxation year.