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Your friend Brad just informed you of his plan to purchase a rental property in the upcoming year. The average cost of a rental property

Your friend Brad just informed you of his plan to purchase a rental property in the upcoming year. The average cost of a rental property is $150,000 and he heard that he can claim CCA on the rental property. His plan is to sell the rental property in a couple of years and purchase a new rental property in that same year to avoid adverse tax consequences. What is your advice to Brad?

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