Hello,
I have a client that sold a property in 2025. For most of the years they owned the property, they rented out a third of the house. In filing out S3PrincipalDetail, I noted the full disposition and put in a % for personal residence. When I fill out the years, designated as a personal residence in T2091, the taxable capital gain shows zero.
Q2) Is there a rental period that could be exempt from capital gains? Say the year they sold it.
Q3) Do I have to fill out S3 and manually show the gain as T2091 is not picking it up?
