Capital Cost Allowance in Canada: How to Depreciate Your Rental Properties | Steve Tsonev | Real Estate Investing Canada

🎧 Capital Cost Allowance in Canada: How to Depreciate Your Rental Properties Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode focused on Capital Cost Allowance (CCA) and how Canadian real estate investors can use depreciation strategically to reduce taxable rental income. We were joined by Steve Tsonev from Finngo Bookkeeping & Tax, who broke down how CCA works in Canada, why it's a deferral strategy (not a loophole), and what investors need to understand about recapture when they sell. This conversation is especially important for investors who are scaling and starting to feel the weight of taxable rental income. We also discussed a recent Edmonton real estate article and what it signals for local investors. The episode connected tax planning, local market awareness, and long-term portfolio strategy. 🧠 What You'll Learn in This Episode What Capital Cost Allowance (CCA) is and how it works in Canada How depreciation reduces taxable rental income Why CCA is a tax deferral strategy, not permanent tax savings What recapture means when you sell When it makes sense to claim CCA — and when it doesn't Insights from Steve Tsonev on aligning tax strategy with investing goals Key takeaways from the Edmonton real estate article discussed Why serious portfolio builders think beyond one tax year 👥 About Your Hosts Wayne & Gabby Hillier are full-time real estate investors and coaches based in Edmonton, Alberta, Canada. Through their REI Masters Mentorship Program, they help Canadians build long-term wealth using rental properties, BRRRRs, flips, joint ventures, and creative real estate strategies. New episodes every weekday morning featuring real stories, coaching moments, and tactical investing advice. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help: www.finngo.com/rei Submit a question: [email protected] 📘 The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors https://a.co/d/jdZaBXM 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 [email protected] 🔗 Facebook 🏫 Edmonton Real Estate Investing Course Thinking about investing in Edmonton but not sure where to start? Our 8-week Edmonton Real Estate Investing Course gives you a clear blueprint to invest with confidence, including: 🔹 Why Edmonton is one of Canada's strongest cash flow markets 🔹 The economic drivers shaping Edmonton's growth 🔹 How to analyze neighborhoods for cash flow and upside 🔹 The five main asset types and how they perform 🔹 Tenant selection strategies that protect your returns 🔹 How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca