Every rent payment, expense, and deduction automatically mapped to the correct CRA T776 line number. Hand it to your accountant when you're done โ or copy the totals yourself in minutes.
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The T776 โ officially the Statement of Real Estate Rentals โ is the CRA form Canadian landlords use to report rental income and expenses on their personal T1 return each year. It totals your gross rents on line 8141, subtracts allowable deductions across a dozen expense categories, and arrives at your net rental income on line 9369.
Most landlords earn rental income from a property they own โ and most of them complete the T776 in a panic every April, hunting for receipts and guessing at which line number each expense belongs to.
Estate Ledger does that mapping automatically, all year. By April, the form is done before tax season even starts.
No spreadsheets. No line number lookups. No April scramble.
Estate Ledger knows exactly where every transaction belongs. You never look up a line number again.
| CRA Line | Category | What goes here |
|---|---|---|
| 8141 | Gross rents | Total rent collected from all tenants across all properties. |
| 8521 | Advertising | Costs to advertise your rental โ listings, signs, online ads. |
| 8690 | Insurance | Landlord and property insurance premiums. |
| 8710 | Interest & bank charges | Mortgage interest (not principal) and any banking fees on rental accounts. |
| 8960 | Maintenance & repairs | Current repairs that keep the property in its existing condition. |
| 9180 | Property taxes | Municipal property taxes paid during the year. |
| 9220 | Utilities | Utilities you pay as the landlord โ heat, hydro, water. |
| 9270 | Other expenses | Management fees, condo fees, accounting fees, and other allowable costs. |
| 9369 | Net rental income | Gross rents minus total deductible expenses. This flows to your T1. |
Source: CRA T776 โ Statement of Real Estate Rentals ยท View official CRA form โ
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