My question is: Canadian-specific
QUESTION: I built a house in Alberta in 1990 as a prinical residence. Moved
to the US to work and rented it out. For capital gains is the real estate
agent commission deductible from the calculation. For example 1998
crystalize principal residence at 200,000, since then property to be sold
for 300,000.
Real estate fees appox 15,000. Is capital gains 100,000 or 85,000? Yearly
rental expense deducted ie taxes, interestm maint, etc...
