Rental Worksheet

Updated: 2025-10-10

Complete the Rental worksheet to calculate income from property for the purposes of reducing active business income in Schedule 7. Information you enter on this worksheet flows to the S8Asset.

1. Enter the address of the rental property.
2. Answer whether this was the final year of operation for the rental property.
3. Indicate if the rental property is foreign.
4. Enter the Gross rents and Other rental income amounts for the Current Year.
5. Enter amounts for Expenses.